All of the following are negative externalities in production except
A. Thermal pollution into a river from an electric power plant.
B. Acid rain produced by power plants.
C. Secondhand smoke in a restaurant.
D. Carbon dioxide emissions from the production of steel.
Answer: C
Economics
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Explain whether you agree or disagree with the following statement: "The reason that inflation is bad is because it increases the cost of living — the costs of goods and services we buy — without increasing income in general."
What will be an ideal response?
Economics
Refer to the payoff matrix below, which ________ a prisoner's dilemma. If both countries go it alone, Home will choose Policy ________ and Foreign will choose Policy ________
A) is; 1; A B) is; 2; B C) is; 1; B D) is not; 2; B E) is not; 1; A
Economics