In the United States between 1981 and 2012, the
A) nominal wage rate increased more than the real wage rate.
B) real wage rate increased more than the nominal wage rate.
C) nominal and real wage rates increased the same amount.
D) real and the nominal wage rates decreased the same amount.
E) nominal wage rate decreased and the real wage rate increased.
A
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Three methods the government can use to cope with the external cost from pollution are
A) pollution taxes, subsidies, and outright bans. B) pollution taxes, regulations, and subsidies. C) marketable permits, pollution subsidies, and pollution taxes. D) pollution charges, marketable permits, and pollution limits. E) vouchers, pollution subsidies, and pollution taxes.
Speculators serve no useful function in a market
a. True b. False Indicate whether the statement is true or false