A four dollar tax on a gallon of gasoline would
A. lower gasoline consumption and lower air pollution.
B. lower gasoline consumption and raise air pollution.
C. raise gasoline consumption and raise air pollution.
D. raise gasoline consumption and lower air pollution.
A. lower gasoline consumption and lower air pollution.
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If a meteorologist discovers a new warming pattern is developing, and the new pattern will create a much larger-than-expected soybean harvest, she should ________ soybean futures
Other things constant, she is more likely to profit from her decision when ________ people are aware of the warming pattern and its consequences. A) buy; fewer B) sell; fewer C) sell; more D) buy; more
Positive externalities are created by people when they
A) add to the net real income of society. B) are altruistic or concerned for the welfare of others. C) benefit others without intending to do so. D) increase the general welfare. E) promote the happiness of others.