In general, pollution exists if
A) people are unconcerned about the hazards associated with pollution.
B) there are poorly defined private property rights.
C) there are poorly defined common property rights.
D) profit-making activity is taken to an extreme.
B
Economics
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Which of the following is a potential monetary policy instrument for the Fed?
A) federal funds rate B) loanable funds C) inflation rate D) profit rates E) real interest rate
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Does the presence of asymmetric information necessarily imply that governments should intervene in a market?
What will be an ideal response?
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