The effect of a Pigovian tax on a market is:
A. increased price and reduced quantity to the efficient level.
B. decreased price and increased quantity to the efficient level.
C. increased price and quantity to the efficient level.
D. decreased price and quantity to the efficient level.
A. increased price and reduced quantity to the efficient level.
Economics
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A shift of the MP curve ________
A) implies an automatic adjustment of the interest rate B) implies a direct policy action of the Federal Reserve C) does not alter the relationship between inflation and the interest rate D) all of the above E) none of the above
Economics
Even though free trade creates gains, some people still object to free trade because of the way those gains are distributed
Indicate whether the statement is true or false
Economics