Economics (McConnell), 18th Edition

Chapter 16: Public Goods, Externalities, and Information Asymmetries

Web-based Questions

1

GLOBAL WARMING—THE EPA'S VIEW Go to www.epa.gov  and select Climate Change. What are the major greenhouse gases? How much greenhouse gas does the United States emit per person? What is the trend of emissions on a per-person basis? What is the trend of emissions per dollar of GDP in the United States? Use your own analysis to explain how total emissions can rise even though emissions per dollar of GDP substantially decline. Which of the two is more relevant for climate change?

2

WORKPLACE SAFETY—OSHA'S ROLE Visit www.osha.gov   and first select Workers (under Audiences). How does a worker file a complaint or report a hazard? Where is the nearest OSHA office to you? Go back to the OSHA home page and select News Releases. In a sentence or two each, summarize three recent news releases that relate to fines or other penalties imposed by OSHA on employers for violations of workers' safety and health rules.

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