When a government establishes a marketable permit program to address environmental pollution, it is actually:
a. imposing a command-and-control regulation
b. providing corrective subsidies to reduce pollution.
c. permitting pollution.
d. imposing corrective taxes to reduce pollution.
c
Economics
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The largest budget deficit the U.S. federal government has ever had was
A) $3.9 trillion in 1975. B) $3.0 trillion in 2014. C) $1.4 trillion in 2009. D) $600 billion in 1997.
Economics
Refer to the table above. Suppose that in normal years demand is represented by Case 2 and supply is represented by Case B. In a normal year the equilibrium quantity of wapanzo beans will be
A) 2 million pounds. B) 4 million pounds. C) 6 million pounds. D) 8 million pounds.
Economics