If the government wanted to efficiently limit the emission of carbon monoxide by all firms to exactly 4 million tons it could
A) issue rights to pollute worth 4 million tons and let the firms trade those rights in a market.
B) appeal to firms' environmental conscience to pollute less.
C) subsidize production.
D) rely on the Coase Theorem.
A
Economics
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Outlawing the sale of a good shifts the supply curve
A) leftward and lowers the price. B) leftward and raises the price. C) rightward and lowers the price. D) rightward and raises the price.
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Which of the following does the federal reserve use most often to combat a recession?
a) selling securities b) buying securities c) reducing reserve requirement d) increasing discount rate e) increasing federal funds rate
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