In terms of their economic effects, which of the following policies toward pollution are most similar to one another?
a. regulation and corrective taxes
b. regulation and tradable pollution permits
c. corrective taxes and tradable pollution permits
d. All of these policies produce the same economic effects.
c
Economics
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The money we pay for a good or service
a. generally exceeds its opportunity cost. b. generally equals its opportunity cost. c. has no part in determining its opportunity cost. d. generally equals two-thirds of its opportunity cost. e. generally is only part of its opportunity cost.
Economics
A larger controversy of the financial crisis among both members of Congress and the general public had to do with the Fed's expanded role in the economy
a. True b. False
Economics