World agreements to solve global environmental externalities will probably require high income countries to do which of the following?
a. Pay some of the costs but not most of the costs.
b. Prevent low income countries from industrializing.
c. Share the costs.
d. Pay most of the costs.
d. Pay most of the costs.
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The official poverty threshold line is adjusted annually for
a. income taxes. b. inflation. c. average household size. d. average family size.
Suppose the cost to erect a tornado siren in a small town is $15,000 . In addition, suppose the value of a human life is $10 million. By what percentage would the siren need to reduce the risk of a fatality for the benefits of the siren to exceed the costs of the siren?
a. By at least 0.015 percentage points. b. By at least 0.15 percentage points. c. By at least 1.5 percentage points. d. By at least 5 percentage points.
If the AD curve shifts to the left as a result of a decrease in the money supply growth rate:
A. the economy will temporarily depart from its long-run inflation rate. B. the economy will permanently depart from its long-run growth rate. C. the economy will temporarily depart from its long-run growth rate. D. the economy will adjust immediately and never depart from its long-run growth rate.
The lack of a universal productivity effect of higher education was demonstrated by the experience of
A. the United Kingdom. B. Ireland. C. France. D. the Soviet Union.