Refer to the information in Figure 16.5 below to answer the question(s) that follow.?Figure 16.5Figure 16.5 shows the marginal benefits of emitting pollution for the only two chemical companies in an industry, Alpha Chemicals and Beta Chemicals. Before any tax on pollution emissions is imposed, each company views pollution as being free.Refer to Figure 16.5. Before any tax on pollution is imposed, Alpha Chemicals is emitting ________ tons of pollution.

Which of the following statements is true?

A) Geography and culture of a nation are under human control, while institutions of a nation are outside of human control. B) Geography refers to man-made factors, and in particular to the organization of society determined by the members of that society. C) Geography of a nation is not always under human control, while institutions of a nation are man-made. D) Most of the geography of a nation can be changed over time.

Which of the following are TRUE regarding Milton Friedman's k-percent money targeting rule?

i. Currently this policy is used by many policy makers. ii. This rule sets the growth rate of the quantity of money independently of the economy's behavior. iii. For this policy to work well, the velocity of circulation must be stable. A) ii and iii B) i and ii C) i only D) ii only E) iii only