The ideal pollution tax adds how much to private cost?
a. as much as possible
b. an amount that will maximize government tax revenue
c. an amount equal to the market price
d. an amount equal to the external cost
e. nothing
D
Economics
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What will be an ideal response?
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All points on the long-run Phillips curve that are sustainable in the long run due to economy’s self-correcting mechanism correspond to the
A. mature rate of unemployment. B. natural rate of unemployment. C. seasonal rate of unemployment. D. cyclical rate of unemployment.
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