The optimal quantity of pollution control occurs where:
a. pollution equals zero
b. the total benefit of pollution control equals the total cost.
c. the marginal social benefit of pollution control just equals the marginal social cost.
d. the marginal external cost of pollution equals zero.
c
Economics
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a. True b. False Indicate whether the statement is true or false
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Keynesian economists believe that fiscal and monetary policies are necessary to offset
A. changes in the price of gold. B. the difference between imports and exchange rates. C. the inherent instability of the private sector. D. the growth of monopoly business and labor unions.
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