This topic contains a solution. Click here to go to the answer

Author Question: As a result of technology spillovers: Taxes may move us closer to the efficient output level in such ... (Read 28 times)

cartlidgeashley

  • Hero Member
  • *****
  • Posts: 572
As a result of technology spillovers: Taxes may move us closer to the efficient output level in such industries.
 a. Other members of society bear external costs.
 b. Too much production takes place in the high technology areas.
 c. Taxes may move us closer to the efficient output level in such industries.
  d. None of the above are true.

Question 2

Which of the following statements was probably made by an adherent of rational expectations?
 a. It is rational to pursue any full employment policy because more employment is better than less.
 b. Unemployment is clearly a case of market failure.
 c. Programs designed to stimulate employment will only stimulate the price level with no employment gain.
  d. It is inhumane to have a single person unemployed whatever the inflation cost.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

amandanbreshears

  • Sr. Member
  • ****
  • Posts: 320
Answer to Question 1

d

Answer to Question 2

c




cartlidgeashley

  • Member
  • Posts: 572
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


bigcheese9

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

For a complete list of videos, visit our video library