Which of the following is most likely to reduce the consumption of an exhaustible natural resource?
a. a decrease in monopoly control of the market for the resource
b. government tax policies that give tax breaks to entrepreneurs who search for new reserves of the resource
c. implementation of a price ceiling for the resource below its equilibrium price
d. government macroeconomic policies that lower the interest rate on bonds
c
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When Alison, a college math professor, leaves her job at a small rural college and starts looking for a job at a large urban university, she is _____.
(A) Frictionally unemployed (B) Structurally unemployed (C) A discouraged worker (D) Cyclically unemployed
The supply curve for loanable funds would decline due to
A) an increase in wealth. B) an increase in the expected return on bonds. C) an increase in expected inflation. D) a decrease in the riskiness of bonds relative to other assets.