Which of the following was signed in Paris in 2015?
A. the Protocol on World Pollution
B. the Zero Greenhouse Gas Agreement
C. the Treaty on Global Warming
D. the Agreement on Climate Change
Answer: D
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A firm that shuts down in the short run experiences losses equal to its
A) total fixed costs. B) average variable costs. C) total variable costs. D) total variable costs minus its total fixed costs.
In 1981, in San Francisco Solano, Argentina, about 1,800 families took over a piece of wasteland. The government was able to deed 60 percent of this land to some families while the remaining part could not be deeded. The resulting houses varied greatly, based on whether the residents received title. Those who received title also behaved differently, having fewer children, and the children
experienced more education and better health. This is an example of the results from: a. scarcity. b. economic growth. c. economic freedom. d. private property rights. e. improved quality of life.
In the late 1980s and the early 1990s, the Fed followed a policy of
a. controlling the money supply to stimulate investment b. decreasing interest rates to stimulate investment c. fixing the money supply at a constant rate of growth in order to stimulate investment d. allowing the money supply to increase in order to stimulate international trade e. selling its government bonds in order to reduce the size of the federal government's debt
In a market system, the major coordination tasks are carried out
a. with the approval of central planners. b. as part of the regular appropriation process of Congress. c. irregularly by the major corporations. d. automatically by the market mechanism.