If there is pollution in producing a product, then the market equilibrium price
A) and equilibrium quantity are too low. B) and equilibrium quantity are too high.
C) is too low and equilibrium quantity is too high. D) is too high and equilibrium quantity is too low.
C
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If Gloria is woman in a developing country, then it is likely that
a. she is less educated than most men in her country b. her brother has dropped out of high school, but not she has graduated c. she has more employment opportunities and earns higher wages than her male classmates d. she and other women will not have to work long hours in agriculture e. she has special access to resources such as land, capital, and technology
Social Security payments were not indexed to adjust for inflation until:
A. 1940. B. 1968. C. 1975. D. 1990.
The Marginal Propensity to Consume is equal to:
(a) Total spending divided by total consumption. (b) Total consumption divided by total income. (c) Change in consumption divided by change in income. (d) Change in consumption divided by change in saving.
Which of the following is an asset of a bank and a liability for its customers?
a. deposits of its customers and loans to its customers b. deposits of its customers but not loans to its customers c. loans to its customers but not the deposits of its customers d. neither the deposits of its customers nor the loans to its customers