If a negative externality results from the production of ...

[jwb375]

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]

Answer to Question 1

True

Answer to Question 2

a

[jwb375]

Correct answers!

[adammoses97]

Great! Please up vote