Author Question: If a negative externality results from the production of chemicals, an external cost is imposed on ... (Read 89 times)

jwb375

  • Hero Member
  • *****
  • Posts: 540
If a negative externality results from the production of chemicals, an external cost is imposed on parties not directly involved in the market for the chemicals.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The short-run Phillips curve suggests that ____ rates of unemployment can be traded off for ____ rates of inflation.
 a. lower; higher
 b. greater; relatively high
  c. less; relatively low
 d. less; relatively high



adammoses97

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

True

Answer to Question 2

a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

For a complete list of videos, visit our video library