One World View article titled "Paying to Pollute" reports that the price of a marketable pollution permit in Europe for a ton of carbon dioxide is about $32. The principal advantage of pollution permits is to
A. Eliminate social costs.
B. Increase government involvement in pollution control.
C. Reduce pollution to zero.
D. Reduce the costs of pollution control.
Answer: D
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Rural-urban migrants differ from the rest of the rural population in that they are more likely to be
(a) well educated (b) poor (c) female (d) all of the above
A current account deficit
A) will not pose a problem, especially if it is accompanied by an expansionary fiscal policy. B) may pose no problem if the borrowed funds are channeled into productive domestic investment projects that pay for themselves with the revenue they generate in the future. C) may still pose a problem, even if the borrowed funds are channeled into productive domestic investment projects. D) There is no relation between current account surplus and between savings and investment. E) will pose a problem because the country is borrowing funds from the rest of the world that it won't be able to pay back later.