$5.00 quiz help
|1. The many types of pollution do NOT include ________ pollution. (Points : 1)
|2. The top 1% of families in the income distribution receive most of their income from ________ income. (Points : 1)
|3. The bottom fifth of families in the income distribution receive most of their income from ________ income. (Points : 1)
|4. Air pollution generated by a steel mill is an example of (Points : 1)
a positive production externality.
a negative production externality.
a public good.
the free-rider problem.
|5. If the government levies a tax on a chemical company that created an external social cost, the tax should equal marginal ________ to ensure an efficient correction. (Points : 1)
|6. All points along the utility possibilities frontier are ________ equally desirable. (Points : 1)
inefficient but may not be
efficient but may not be
|7. The official poverty line in the United States is set ________ . (Points : 1)
equal to one-half the average income in the United States
at three times the cost of the Department of Agriculture's minimum food budget
at three times the cost of the Department of Housing's minimum housing allowance
at the amount necessary to allow an individual to buy the same market basket of goods that the average urban wage earner can afford
|8. The field of environmental economics is concerned with ________. (Points : 1)
economies of scale
|9. Wealth or net worth is equal to (Points : 1)
assets plus liabilities.
assets minus liabilities.
consumption plus changes in net worth.
income minus savings.
|10. The least inefficient taxation system is a tax system that (Points : 1)
is highly progressive.
minimizes the overall excess burden.
minimizes the total tax burden.
maximizes tax revenues.
answers to all the 10 questions
- This tutorial was purchased 2 times and rated No Rating by students like you.
- Posted on Oct. 02, 2011 at 07:34:07AM
Preview: ... . 5. Benefit 6. efficient but may not be 7. at thre ...
The full tutorial is about 34 words long .
answer 6 to 10 100% correct answer guaranteed
- This tutorial hasn't been purchased yet.
- Posted on Oct. 07, 2011 at 02:08:08AM
Preview: ... : 1) ans: at the amount necessary to allow an individual to buy the same market basket of goods that the average urban wage e ...
The full tutorial is about 116 words long .