The use of pollution charges to reduce pollution confronts the problem of

a. free riders who avoid revealing benefits from abatement.
b. determining specific individual damages and appropriate charges associated with pollutants.
c. necessarily lowering the price of the products.
d. requiring no agency to administer the tax.

a

Economics

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If the inflation rate is higher than expected, real income is redistributed from lenders to borrowers

a. True b. False

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Stock prices start to rise

A) when investors are confident that the economy is more than 6 months into an economic recovery. B) when investors begin to expect an economic recovery will soon begin. C) when investors believe an economic recovery has already begun. D) when the unemployment rate begins to decline following a recession.

Economics