To enforce the optimum level of emissions, a government could set an emissions fee, which would be
A) the dollar value indicated by the intersection of the MSB and MCA curves, and would apply to every unit of pollutants the firm emitted.
B) the dollar value indicated by the intersection of the MSB and MCA curves, and would apply to every unit of pollutants the firm emitted above the standard.
C) the vertical intercept of the MSB curve.
D) the vertical intercept of the MCA curve.
E) the vertical distance between the intercepts of the MSB curve and the MCA curve.
A
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Trilemma refers to policy conflicts among:
A) fixed exchange rate, monetary autonomy, and free capital mobility goals. B) floating exchange rate, monetary autonomy, and free capital mobility goals. C) fixed exchange rate, monetary autonomy, and floating exchange rate goals. D) floating exchange rate, fiscal autonomy, and monetary autonomy goals.
Which of the following does not influence the position of the long-run aggregate supply curve?
a. The quantity of raw materials available for production b. The quantity of capital used in production c. The quality of the labor force d. The actual price level e. The size of the labor force