Policies that mandate the installation of specific pollution control devices are called

A) command-and-control policies.
B) benefit policies.
C) welfare policies.
D) incentive policies.

Answer: A

Economics

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Unemployment arising from a persistent mismatch between the skills and characteristics of workers and the requirements of jobs is called

A) frictional unemployment. B) structural unemployment. C) cyclical unemployment. D) seasonal unemployment.

Economics

If you were in the middle of the desert, came upon a lemonade stand, and paid $20 for a glass of lemonade,

A. you would definitely be overpaying. B. you would have gotten at least $20 of utility from the lemonade. C. there is no way to determine whether or not you overpaid.

Economics