Wild animals are likely to be
A. endangered species.
B. externalities.
C. private property.
D. all of these.
Answer: A
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An increase in lifetime wealth
A) increase current labor supply and increase current consumption demand. B) increase current labor supply and decrease current consumption demand. C) decrease current labor supply and increase current consumption demand. D) decrease current labor supply and decrease current consumption demand.
Which of the following is an asset to a bank?
a. Checkable deposits b. Transaction deposits c. Credit cards d. Loans e. Borrowings from the Fed
If the economy is in equilibrium at $600 billion national income and if MPC = 0.75 and intended investment is $25 billion, what happens to national income when intended investment increases to $30 billion? It will
a. increase to $605 billion b. decrease to $595 billion c. increase to $620 billion d. increase to $624 billion e. decrease to $580 billion
There is a side agreement to _______________ that calls for the enforcement of existing worker rights in _______________.
a. the European Union; the European nations b. the World Trade Organization; the less developed nations c. NAFTA; the South American nations d. NAFTA; Mexico, Canada, and the United States