The price of a pollution right is

a. determined by consumers
b. determined by government
c. a user charge
d. determined by supply and demand
e. a subsidy

D

Economics

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The federal government debt refers to

A) the accumulation of past budget deficits. B) government spending plus transfer payments minus tax revenues. C) tax revenues minus government spending and transfer payments. D) the total value of U.S. Treasury bonds outstanding.

Economics

If a firm invests a lot in new employees, it is likely to

A) forward load compensation. B) pay all the costs of the new training. C) backload compensation. D) none of these choices.

Economics