According to the text, which of the following is the prime cause of the greenhouse effect?
A. Nitrogen oxide.
B. Carbon monoxide.
C. Carbon dioxide.
D. Sulfur dioxide.
Answer: C
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The nominal wage is the wage rate adjusted for changes in the price level
Indicate whether the statement is true or false
Both monopolistically and perfectly competitive firms earn only normal profits in the long run
a. True b. False Indicate whether the statement is true or false
Which of the following is a common criticism of the use of fiscal policy?
A) Fiscal policy is often enacted too quickly, before the market is ready for it. B) A government borrowing money to finance fiscal policy can crowd out investments. C) Expansionary fiscal policy can help pull an economy out of a recession. D) If no fiscal policy is used, the economy will never be able to correct itself, even partially.
If union-sponsored advertisements for a particular product succeed in increasing the demand for that product, the:
A. demand for the union-labor used to produce the product will increase. B. demand for the union-labor used to produce the product will decrease. C. marginal factor cost of union-labor will increase. D. marginal factor cost of union-labor will decrease.