When a tax on output is imposed to internalize the external costs of pollution, the supply curve shifts down by the amount of the tax

Indicate whether the statement is true or false

FALSE

Economics

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If the exchange rate ________, the quantity of dollars demanded ________ and there is a movement up along the ________ curve for dollars

A) falls; increases; supply B) rises; increases; demand C) falls; decreases; demand D) rises; decreases; supply E) rises; decreases; demand

Economics

Leisure time

A) is less valuable to us than the wage we earn for working. B) has steadily decreased over the years. C) is not valued as part of GDP. D) is not an economic good. E) is included in GDP and has become an increasingly large part of GDP.

Economics