As we approach total pollution abatement
A) the marginal benefit to society declines.
B) the marginal benefit to society increases.
C) the marginal benefit to society increases, but at a decreasing rate.
D) the marginal cost to society declines.
A
Economics
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Which of the following will limit the expansion of the money supply following a new deposit?
A) a re-depositing of all loan proceeds B) a strong demand for holding currency outside of commercial banks C) a strong demand for new loans D) failure of banks to voluntarily hold excess reserves
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At any point on an indifference curve, the slope of the curve measures the consumer's
a. elasticity of demand. b. income. c. willingness to trade one good for the other. d. perception of the two goods as substitutes or complements.
Economics