When logging in the Pacific Northwest destroys forests that hikers would have used for eco-tourism, the destruction of the trails is an example of

A) an external cost.
B) a private cost.
C) a government cost.
D) an external benefit.
E) None of the above answers is correct.

A

Economics

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The "rule of 70" is a formula for determining the approximate number of:

A.  Years that it would take for a value (like real GDP) to expand 70 times B.  Years that it would take for a value (like real GDP) to double C.  Times a value (like real GDP) is a multiple of 70 D.  Times one could double a certain value (like real GDP) over 70 years

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The tax reform package that eliminated much of the social engineering aspects within the tax code was passed in

A. 1982, during Reagan's first term. B. 2001, during George W. Bush's first term. C. 1993, during Clinton's first term. D. 1986, during Reagan's second term.

Economics