Free trade may lead to less pollution because
A. higher income can lead to political pressure on governments to enact tougher environmental protection policies.
B. competition among nations leads to stricter pollution standards.
C. it results in increased production and consumption of goods and services.
D. imported products are produced using cleaner production techniques than domestic products.
Answer: A
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The theory of "rational expectations" is most closely associated with __________ economists
A) Classical B) Keynesian C) Monetarist D) New Classical
We say that money is a unit of account because it represents:
A. a certain amount of purchasing power held over time. B. something you can use to purchase goods and services. C. something you can directly offer, like any good or service, in exchange for some good or service you want. D. a standard unit of comparison.
In 1990, which Latin American countries saw inflation climb above 2,000%?
a. Colombia and Venezuela b. Mexico and Guatemala c. Brazil and Argentina d. Uruguay and Paraguay
In the presidential election of 2008, record numbers of people vote in national, state, and local elections. This phenomenon was even more pronounced among young voters. What are possible explanations for this?
What will be an ideal response?