Economists believe that externalities can be remedied by market methods.
Answer the following statement true (T) or false (F)
True
Economics
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The demand for money is negatively related to
A) the interest rate and positively related to real GDP. B) the interest rate and positively related to unemployment. C) real GDP and positively related to the interest rate. D) real GDP and positively related to the money supply.
Economics
If a firm shuts down it
A) will produce nothing but must pay its fixed and variable costs. B) will suffer a loss equal to its fixed costs. C) will earn enough revenue to cover its variable costs but not all of its fixed costs. D) will produce nothing but must pay its variable costs.
Economics