Did the United States ratify the Kyoto Protocol? Why or why not?
a. Yes; but it has failed to meet targets for a number of years.
b. No; the United States had promised to sign on January 1, 2008, but never did.
c. Yes; and it has met its target each year.
d. No; he United States believed the targets were impossible to meet without great harm to the industrial base.
Ans: d. No; he United States believed the targets were impossible to meet without great harm to the industrial base.
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When we apply economic analysis to democracies, it is reasonable to expect government policies to be serving
A) many extremely partial or special interests. B) the interests of business generally. C) the interests of consumers. D) the interests of the majority. E) the interests of the people who most highly value the results of government actions.
How do fluctuations in aggregate demand and short-run aggregate supply bring fluctuations in real GDP around potential GDP?
What will be an ideal response?
A worker is hired in a
A) goods and services market. B) government market. C) product market. D) factor market.
The more firms there are in a market, the:
A. more collusion is likely to happen. B. smaller will be the price effect of one firm's output decision. C. larger will be the price effect of one firm's output decision. D. None of these statements is true.