Environmental pollution is accounted for in ________.
A. DI
B. GDP
C. PI
D. None of these
Answer: D
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The end of slavery in the United States represented
A) a large wealth transfer from the South to the North. B) a large wealth transfer from the future to the present. C) a large wealth transfer from Southern slave-holders to newly freed slaves. D) a nominal wealth transfer from Southern slave-holders to newly freed slaves.
When marginal cost is below average total cost:
a. total cost is falling. b. total cost is rising. c. average total cost is falling. d. average fixed cost is rising. e. total variable cost is falling.
If there is an excess demand for money, there is an excess
a. supply of bonds and the price of bonds will increase. b. supply of bonds and the price of bonds will decrease. c. demand for bonds and the price of bonds will increase. d. demand for bonds and the price of bonds will decrease. e. supply of bonds and the price of bonds will not change.
Decision-making is often mutually interdependent in an oligopolistic industry
a. True b. False Indicate whether the statement is true or false