In principle, a cap-and-trade program would
A) cause firms to generate more pollution than their allowed limits.
B) cause firms to generate less pollution than their allowed limits.
C) raise the production costs of all firms.
D) lower the production costs of all firms.
B
Economics
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Using the information in situation 20-2, if government increases their spending by $50 and increases net taxes by 50, then equilibrium aggregate output will change by
A) -$100. B) -$50. C) $50. D) $100.
Economics
Firms often seek to borrow money to expand their capital stock, and the price they pay for that money is the interest rate. What happens to quantity of money demanded if the interest rate increases?
A. It increases. B. It decreases. C. It does not change. D. The demand for money will increase.
Economics