According to the textbook, the noise of jet engines is not a negative externality for baggage handlers
A) because it leaves no residue in the environment.
B) because the benefits are greater than the costs.
C) because they are paid to live with the noise.
D) because they wear hearing-protection devices.
E) unless it leaves them with permanent hearing loss.
C
Economics
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Nigeria would be classified by the International Monetary Fund as
A) a resource-based economy. B) an emerging market economy. C) a transition economy. D) a developing economy. E) an advanced economy.
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In the "cost of capital channel" of monetary policy, a higher interest rate __________ spending
A) raises consumption B) raises investment C) lowers consumption D) lowers investment
Economics