For which of the following environmental issues is property rights most relevant?

a. Greenhouse gas emissions
b. Acid rain
c. Endangered species
d. Fresh water resources


c. Endangered species

Property rights is most relevant to the endangered species issue.

Economics

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The official unemployment rate disguises the extent of the unemployment problem because: a. children are not counted as unemployed

b. retired persons are not counted as unemployed. c. full-time students are not counted as unemployed. d. discouraged workers are counted as unemployed. e. people overqualified for their current job are not considered unemployed.

Economics

The highest unemployment rate we experienced since the Great Depression was in

A. 1973. B. 1982. C. 1990. D. 2001.

Economics

Any imperfection in the market mechanism that prevents optimal outcomes is known as

A. Market failure. B. Government failure. C. Public cost. D. External cost.

Economics

The equation TR/Q is used to compute

A) total cost. B) average revenue. C) demand. D) marginal revenue.

Economics