If the government offers to reduce your property taxes by 10 percent if you install solar heating for your home, this would be an example of
A) a violation of the rational assumption.
B) incentives.
C) disincentives.
D) ceteris paribus.
Answer: B
Economics
You might also like to view...
Suppose a firm produces pollution when it generates electricity. The cost of the pollution is called the
A) marginal cost. B) marginal private cost. C) marginal external cost. D) marginal social cost.
Economics
If the opportunity cost is 2X = 1Y for country A and 1/3X = 1Y for country B, then a possible terms of trade is:
A) 1X=1Y. B) 1X=4Y. C) 1X=5Y. D) 3X=1Y.
Economics