Which of the following is not a form of air pollution?
A. The greenhouse effect.
B. Smog.
C. Acid rain.
D. Thermal pollution.
Answer: D
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Debt deflation occurs when
A) an economic downturn causes the price level to fall and a deterioration in firms' net worth because of the increased burden of indebtedness. B) rising interest rates worsen adverse selection and moral hazard problems. C) lenders reduce their lending due to declining stock prices (equity deflation) that lowers the value of collateral. D) corporations pay back their loans before the scheduled maturity date.
Managed floats are only effective in the long run
a. True b. False
Adverse selection can only occur when there is asymmetric information
a. True b. False Indicate whether the statement is true or false
In the diagram, the range of diminishing marginal returns is:
A. 0Q 3 .
B. 0Q
C. Q 1 Q 2 .
D. Q 1 Q