A study by Edward Prescott found that the ________ marginal tax rates in the United States relative to Europe resulted in a ________ quantity of labor supplied in the United States

Whenever there are negative or positive externalities, the Coase theorem suggests that it is economically efficient for the government to intervene to resolve the externality problem.

Answer the following statement true (T) or false (F)

NAFTA was primarily formed because the member nations have ________.

A) static and dynamic liberalization policies B) similarly sized economies and resources C) geographic proximity to each other D) competing interest