Corrective taxes are generally more efficient than regulatory ...

[kamilo84]

Corrective taxes are generally more efficient than regulatory mandates keeping the environment clean.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

A decrease in aggregate demand tends to cause a ____ a short run Phillips curve at first, then cause a ____ in the short run Phillips curve as people adjust their expectations.
 a. Movement up along; upward shift.
 b. Movement up along; downward shift.
 c. Movement down along; upward shift.
 d. Movement down along; downward shift.

[katieost]

Answer to Question 1

True

Answer to Question 2

d