The profit motive counteracts
a. consumer discrimination.
b. discrimination in sports.
c. the beauty premium.
d. None of the above is correct.
d
Economics
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One advantage about an emissions permit system is that
a. it creates a "license to pollute," sure to be popular with environmentalists. b. it reduces uncertainty about the quantity of pollution that will be emitted. c. it is a direct control system and avoids the inefficiencies of a market. d. permits can be handed out on the basis of need to protect firms from high costs.
Economics
What would be the amount of deposits D, given that the monetary base MB = $750 billion, the required reserve rate (rD) = 0.1, the excess reserve rate (ER/D) = 0.005, and non-bank currency to deposits (C/D) equaled 1.2?
What will be an ideal response?
Economics