If the rate of extraction of a renewable resource is greater than its rate of replenishment, the price of the resource is likely to fall in future
a. True
b. False
Indicate whether the statement is true or false
False
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In 2013, the percentage of health care expenditures paid out-of-pocket was
A. 6.9. B. 8.3. C. 12. D. 1.5.
All other things being equal, a greater supply of scientists and engineers will increase the level of technology
a. True b. False Indicate whether the statement is true or false
When the Federal Open Market Committee (FOMC) votes on policy, it does so in the following order: the chair votes first, the vice chair votes second, and the remaining FOMC members vote based on their seniority at the Fed
Indicate whether the statement is true or false
In the figure below, if the marginal damages line did not originate at 0,
A. it would mean that marginal damages did not exist.
B. there is no way to find MSC.
C. MSC would not originate at the same intercept as MPC.
D. all of these answer options are correct.