The pollution emitted by a factory is an example of_____

a. an externality
b. the free-rider problem
c. asymmetric information
d. the common-pool problem

a

Economics

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Suppose your $50,000 certificate of deposit matures and you transfer the funds to your checking account. This causes

A) M1 to decrease by $50,000 and M2 to increase by $50,000. B) M1 to increase by $50,000 and M2 to remain the same. C) both M1 and M2 to increase by $50,000. D) no change to either M1 or M2.

Economics

Refer to the diagram. Which tax system has the most built-in stability?



A.  T 4 .
B.  T 3 .
C.  T 2 .
D.  T 1 .

Economics