Which of the following is a positive statement?
a. Heavy snowfall drives up the demand for heaters.
b. Fiscal expenditures should be increased to combat recession.
c. Government should encourage foreign direct investments to generate employment.
d. Organs trade should be banned across nations.
A
You might also like to view...
From 1960 to 2012
A) the U.S. economy roughly tripled in size. B) U.S. imports roughly tripled in size. C) the share of US Trade in the global economy roughly tripled in size. D) U.S. Imports roughly tripled as compared to U.S. exports. E) U.S. exports roughly tripled in size.
Which of the following is a distinguishing characteristic of the oligopoly market structure?
a. easy entry b. difficult entry c. many, many firms d. many, many close substitutes e. firms's horizontal demand curves
When there is excess supply of a product in a market,
a. price will tend to rise. b. price must be above the equilibrium price. c. producers will expand output and sales will rise. d. price must be below the equilibrium price.
Nation A's real GDP was $520 billion in 2013 and $550 billion in 2014. Its population was 150 million in 2013 and 155 million in 2014. On the other hand, Nation B's real GDP was $200 billion in 2013 and $210 billion in 2014; and its population was 53 million in 2013 and 55 million in 2014. Which of the following statements is true?
A. Nation A's GDP per capita increased from 2013 to 2014, while Nation B's decreased B. Nation B's GDP per capita increased from 2013 to 2014, while Nation A's decreased C. Nation A's and Nation B's GDP per capita both decreased from 2013 to 2014 D. Nation A's and Nation B's GDP per capita both increased from 2013 to 2014