Campaign speeches normally include normative economic statements

Unemployment that results from fundamental technological changes in production, or from the substitution of new goods for customary ones, is:

a. the natural rate of unemployment. b. full employment. c. cyclical unemployment. d. frictional unemployment. e. structural unemployment.

Which of the following allows the greatest value to be generated with a given amount of pollution?

a. Pollution tax b. Regulatory guidelines c. Compliance standards d. Pollution rights