Recycling rates for aluminum, paper, and glass have been increasing in the United States
a. True
b. False
Indicate whether the statement is true or false
True
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An upward-sloping supply curve shows that: a. buyers are willing to pay more for particularly scarce products
b. suppliers expand production as the product price falls. c. suppliers are willing to increase production of their goods if they receive higher prices for them. d. buyers are willing to buy more as the product price falls. e. buyers are not affected either directly or indirectly by the sellers' costs of production.
If productivity growth in Japan exceeds productivity growth in the U.S., to the point that the resource cost in ALL Japanese industries is lower than in the U.S., then
A. there is no feasible way for the U.S. and Japan to continue to trade. B. mutually beneficial trade is possible. C. trade between the U.S. and Japan is possible, but only Japan will benefit from it. D. trade between the U.S. and Japan is possible, but only the U.S. will benefit from it.
Which of the following happens to the demand for coffee when the price increases?
a. It stays the same.
b. It decreases.
c. It increases
d. It fluctuates.
Which of the following options could be used to eliminate a recessionary gap?
A. Decrease consumption B. ?Increase investment C. ?Decrease investment D. ?Increase taxes