Answer to Question #189241 in Macroeconomics for James

Question

QUESTION 18

Because some environmental regulations have had benefits much higher than costs:

1. Does not prove that every individual regulation is a sensible idea.
2. Proves that every individual regulation is a sensible idea.
3. Means that more regulations would be beneficial to society.
4. Means that more regulations will be harmful to society.
5. All of the above. 

QUESTION 19

A substantial expansion of both rhino and elephant populations is broadly credited to:

1. Producers of pollution.
2. Consumers of pollution.
3. The military.
4. Ecotourism.
5. Economists.
6. Ethnocentrists.

QUESTION 20

The marginal costs of reducing pollution are generally:

1. Irrelevant.
2. Unknowable.
3. Substantial.
4. Decreasing.
5. Increasing.

Answer 1

1. Does not prove that every individual regulation is a sensible idea.
2. Ecotourism.
3. Increasing.