Which of the following are not important areas of remaining scientific uncertainty regarding global climate change?
A) Whether or not greenhouse gases trap heat in the atmosphere.
B) Whether or not the planet has warmed on average.
C) Whether or not agriculture in the United States will be adversely affected by climate change.
D) Whether or not concentrations of carbon dioxide have increased in the atmosphere.
Answer: C
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The equation, ?Y/Y = ?A/A + aK?K/K + aN?N/N, is known as
A) the production function. B) the Solow model. C) the productivity formula. D) the growth accounting equation.
Firms choose to price discriminate
a. To earn higher profits b. To sell goods to consumers who otherwise would not have purchased c. Both a and b d. None of the above
The primary effect of rent control in the short run is to reduce rents
a. True b. False Indicate whether the statement is true or false
If the velocity of money is 5, then each dollar must have exchanged hands on average 5 times per ______.
a. day b. week c. month d. year