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Economics Mcqs — Test 28

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Question 1
A positive externality (that has not been internalized) caused the ?
Question 2
The government engages in a technology policy ?
Question 3
The most efficient pollution control system would ensure that ?
Question 4
To internalize a positive externality an appropriate public policy response would be to ?
Question 5
Roberto and Thomas live in a university hall of residence Roberto values playing loud music at a value of €100. Thomas values Pease and quiet at a value of €150. Which of the following statements is true ?
Question 6
Which of the following is true regarding tradable pollution permits and Pigouvian taxes ?
Question 7
A pigovian tax on pollution ?
Question 8
When wealthy alumni provide charitable contributions to their universities to reduce the tuition payments of current students it is an example of ?
Question 9
A reflationary (expansionist) fiscal policy could include ?
Question 10
If the marginal rate of tax is 40% and consumers income increase from Rs10,000 to Rs12,000 ?