According to this Application, a one degree Celsius rise in temperature
A) increases rich countries' exports. B) decreases poor countries' exports.
C) decreases all countries' exports. D) increases poor countries' exports.
B
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Which of the following is not a characteristic of a monopolistically competitive firm in long-run equilibrium?
A) Price is equal to average revenue. B) The firm has excess capacity. C) Marginal revenue is equal to marginal cost. D) Price is equal to marginal cost.
The above figure shows a graph of the market for pizzas in a large town. No pizzas will be demanded unless price is less than
A) $0. B) $5. C) $12. D) $14.
The Bureau of Labor Statistics classifies people who would like to work but have given up looking for a job as
a. unemployed. If they were classified as out of the labor force, the reported unemployment rate would be larger. b. unemployed. If they were classified as out of the labor force, the reported unemployment rate would be smaller. c. out of the labor force. If they were classified as unemployed, the reported unemployment rate would be larger. d. out of the labor force. If they were classified as unemployed, the reported unemployment rate would be smaller.
The government transfer program makes the distribution of income more equal.
Answer the following statement true (T) or false (F)