Which of the following is a negative economic incentive:
A. Tax reductions on fuel-efficient cars
B. High taxes on cigarettes
C. A 1% decrease in city taxes for residents who recycle
D. Free flu shots for all citizens
B. High taxes on cigarettes
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Refer to Figure 1-3. Calculate the area of the trapezoid X
A) $270 B) $720 C) $810 D) $2,520
Assuming the United States is the "domestic" country, if the real exchange rate between the United States and France increases from 1.5 to 1.8
A) the prices of U.S. goods and services have increased by 20% relative to France. B) the prices of U.S. goods and services have increased by 53% relative to France. C) the prices of U.S. goods and services have increased by 3% relative to France. D) the prices of U.S. goods and services have decreased by 16% relative to France.