What are two benefits of the new auto-emission standards?
What will be an ideal response?
Two benefits of the new auto-emission standards are: (1) a re-duction in carbon emissions, which brings a decrease in the contribution of human activity to global warming and climate change, and (2) cleaner air, which contributes to improved health.
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Why might a police officer not pull over someone speeding two miles over the speed limit?
A) The explicit costs of stopping the driver over are too high. B) The opportunity costs of stopping the driver are too high. C) The opportunity costs of topping he driver are too low. D) The explicit costs of stopping the driver are too low.
Stagflation in an economy can be effectively controlled by Keynesian demand management policies
a. True b. False Indicate whether the statement is true or false