A removal or depletion tax on an open-access resource increases the marginal private cost of using the resource by
a. zero
b. the amount of the tax
c. the marginal product of the resource
d. the average private cost of using the resource
e. the average social cost of using the resource
B
Economics
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Holding other things constant, an appreciation of the US Dollar relative to the Chinese Yuan causes the demand for the Yuan to _____________ and the supply for Yuan to __________
a. Increase; decrease b. Increase, increase c. Decrease; Increase d. Decrease; Decrease
Economics
Which period of recent U.S. history shows the lowest rates of productivity growth?
A. 1948–1973 B. 1973–1995 C. 1995–2000 D. All periods had similar growth rates.
Economics