Author Question: Kenneth Chay and Michael Greenstone examined the impact of reductions in air pollution since the ... (Read 63 times)

jasdeep_brar · **on:** Jun 29, 2018

Kenneth Chay and Michael Greenstone examined the impact of reductions in air pollution since the passage of the Clean Air Act of 1970. Which of the following statements summarizes their findings?

A) In the two years following passage of the Act, fewer infants died than would have died if the Act had not been passed.
B) The benefits of reducing the six main air pollutants in the two years following the Act greatly exceeded the costs.
C) The marginal cost of reducing emissions of sulfur dioxide has increased over time as the marginal benefit of the reductions has increased.
D) The marginal benefit of reductions in air pollution was less than the marginal cost.

Question 2

An inferior good is a good for which the quantity demanded increases as the price decreases, holding everything else constant.

Indicate whether the statement is true or false

micaelaswann · **Reply #1 on:** Jun 29, 2018

A FREE account is required to view all solutions!

Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.

Answer Preview

Only 26% of students answer this correctly