If 2010 is the base year in the table shown above, what is the price index for the year 2020?

What is the relationship between the income effect and the substitution effect for a normal good and what is it for an inferior good?

What will be an ideal response?

Voluntary agreements about cleaning up pollution attempt to

A) internalize externalities. B) internalize private costs. C) externalize social costs. D) externalize private costs.