Drivers who enter an expressway during the rush hour create negative externalities whenever they
A) could have taken another route.
B) drive under the speed limit.
C) fail to yield as they merge.
D) have no other passengers in their vehicles.
E) inadvertently slow down all the drivers behind them.
E
Economics
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Refer to Figure 2-1. ________ is (are) unattainable with current resources
A) Point A B) Point B C) Point C D) Points A and C
Economics
Which of the following policies followed by the Clinton administration were not Keynesian policies?
a. Reducing the budget deficit during a strong expansion. b. Concentrating tax increases on upper income households. c. Attempting to increase government spending in 1992 when the U.S. economy was below its natural rate of output. d. Adjusting capital gains taxes for inflation in order to encourage savings.
Economics