The statement: All men recognize the right of revolution; that is, the right to refuse allegiance to, and to resist, the government, when its tyranny or its inefficiency are great and unendurable, is representative of a healthy relationship to civil dis
Indicate whether this statement is true or false.
Until the nineteenth century democracy carried a positive connotation.
Indicate whether this statement is true or false.
How does the model of tradable pollution rights work?
a) The government charges firms for each unit of pollution they emit; a unit can be traded for a tax break. b) Government and industry leaders agree on maximum emissions standards, firms can trade lower standards for government subsidies. c) Firms who emit less than the industry standard are given certain bargaining privileges. d) Firms are given permits allowing a certain amount of emissions, which can be bought and sold
The so-called yellow dog contract, in which employers required workers not to join a union as a condition of employment, was a result of
a) inadequate information. b) externalities. c) bargaining power disparities. d) the free rider problem.
All these are arguments AGAINST the sale of dangerous products EXCEPT:
a) The government has an obligation to protect all citizens from unreasonable danger. b) Laissez-faire economics. c) The government has an obligation to protect those who are unable to protect themselves. d) Third party effects.
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