Author Question: If a negative externality results from the production of chemicals, an external cost is imposed on ... (Read 124 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?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

For a complete list of videos, visit our video library