If the marginal benefit of reducing emissions of some air pollutant is less than the marginal cost
A) economic efficiency will be increased if further reductions are made.
B) pollution taxes should be imposed on producers to pay for further reductions.
C) further reductions will make society better off.
D) further reduction will make society worse off.
D
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Jonathan quit his job as a shoe salesman and is actively searching for employment in the field in which he has a bachelor's degree, accounting. Jonathan would best be categorized as
A) frictionally unemployed. B) structurally unemployed. C) cyclically unemployed. D) seasonally unemployed.
The primary problem with the argument that "we agree to be coerced if everyone is coerced" to do an action is _____
a. there is no way to know whether it is true or not b. it only applies to a limited number of situations c. it only applies to actions in the public interest d. there is no way to force everyone else to go along