Marketable pollution rights _____
a. make producers pay for polluting
b. are inherently wrong
c. give producers incentive to internalize external costs
d. do nothing to reduce pollution in the long run
c
Economics
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An inside lag is
A) a policy aimed at reducing GDP. B) a lag in implementing policy. C) the period of time it takes for policies to work. D) a policy aimed at increasing GDP.
Economics
Consider a BMW automobile plant. If the price of BMWs increase by 10 percent and the money wage rate and other costs ________, there will be ________
A) increase by 10 percent; an increase in BMWs profits B) do not change; an increase in BMW's production and profit C) increase by 10 percent; an increase in BMWs production D) do not change; no change in production
Economics