Which of the following is not an attempt to remedy and externality?
A. A tax per ton of sulfur dioxide pollution.
B. Government quotas for individual fisherman to limit harvesting of wild salmon.
C. Home association codes requiring home owners to maintain front yards.
D. Price controls to combat the effects of the cost disease.
Answer: D
Economics
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The only requirement for short-run equilibrium is that the economy must be on the aggregate supply curve
a. True b. False
Economics
The primary source of earnings of commercial banks is income derived from
a. the checking account services provided to customers. b. the use of deposits to extend loans and undertake investments. c. vault cash and deposits held with the Fed. d. services provided to the U.S. Treasury.
Economics