Assume the production of a good gives rise to external benefits. The government may increase efficiency by
A) subsidizing consumption of the good.
B) requiring all producers of the good to be licensed.
C) taxing production of the good.
D) imposing taxes on the good.
A
Economics
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The classical dichotomy argues that changes in the money supply
a. affect both nominal and real variables. b. affect neither nominal nor real variables. c. affect nominal variables, but not real variables. d. do not affect nominal variables, but do affect real variables.
Economics
An important function of stock sales after the IPO is to equalize
A. profits across industries. B. profits across firms within industries. C. risk-adjusted rates of return. D. risk-unadjusted rates of return.
Economics