The NBER's Business Cycle Dating Committee defines a recession as at least two consecutive quarters of falling real GDP.
Indicate whether the statement is true or false
Question 2
Government imposed quantitative limits on the amount of pollution firms are allowed to produce is an example of
A) the Pigovian method of pollution control.
B) a tradable emission allowance system of pollution control.
C) a Coasian solution to pollution reduction.
D) a command-and-control approach to pollution reduction.
