The public sector of the U.S. economy includes:
a. the federal, state, and local government.
b. multinational corporations and the federal government.
c. the Federal Reserve bank of the U.S.
d. the judiciary and the federal government.
e. households.
a
Economics
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The above figure shows the marginal benefit from pollution for two firms
If both firms receive a marketable permit to pollute 25 units of pollution each, how much will each firm pollute and how much will a permit for one unit of pollution be worth?
Economics
If the cost of labor decreases the isocost line will
A) stay the same. B) shift outward in parallel fashion. C) rotate outward around the point where only capital is employed in production. D) shift inward in parallel fashion.
Economics