A rise in national production and national income unambiguously leads to less pollution.
Answer the following statement true (T) or false (F)
False
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Use the following graph to answer the question below.
The price where marginal benefit equals marginal cost is
A. $1.60. B. $1.00. C. $2.90. D. $0.50.
Using the data in the above table, if the private sector runs a surplus of $250 billion, imports will equal $1,000 billion if
A) government expenditure equals -$750 billion. B) investment equals -$1000 billion. C) government expenditure equals -$1000 billion. D) the government sector runs a deficit of $750 billion.
Empirical evidence suggests that advertising usually leads to an increase in the price for advertised products
a. True b. False Indicate whether the statement is true or false
The current rate of unemployment is 5 percent. This statement:
A) is positive. B) is normative. C) involves a value judgment. D) is a personal reflection and has no value in economics.