If the price of personal computers were to rise, then the demand for printers would decrease because personal computers and printers are
A) complementary goods.
B) consumer goods.
C) inferior goods.
D) substitute goods.
A
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One claim that trade barrier proponents use to enforce environmental standards is that
A) environmental standards do not reduce industrial competitiveness and do not induce race-to-the-bottom, where countries are forced to rescind their standards in order to maintain employment. B) high standards in industrialized nations motivates some firms to "export pollution" to developing countries by relocating their dirty industries. C) enforcing environmental standards is essential, as there are no differences between labor standards and environmental standards. D) all environmental impacts are non-transboundary. E) None of the above.
When the Act of 1873 was passed, silver was worth _________ in the market than at the mint; however, subsequent __________ in the supply of silver led to public outcry over the "demonetization" of silver under the Act. a.less; decreases b.less; increases c.more; decreases d.more; increases
Fill in the blank(s) with correct word
An optimal decision is one that is selected based on an analysis of
a. explicit costs but not implicit costs. b. implicit costs but not explicit costs. c. both explicit costs and implicit costs. d. neither explicit costs nor implicit costs.
The government can deal with the effects of the decline in wealth, without causing new problems down the road.
Answer the following statement true (T) or false (F)