In the Kyoto Protocol, participating nations agreed to
A) trade carbon-dioxide permits.
B) eliminate all emissions of greenhouse gases by 2020.
C) reduce their overall emissions of greenhouse gases between 1997 and 2020 to as much as 20 percent below 1990 levels.
D) buy greenhouse gas emission permits from developing nations.
C
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What does the phrase "post hoc, ergo propter hoc" mean?
What will be an ideal response?
Microeconomics is the branch of economics that concerns
a. the overall health of the economy b. the behavior of individual households, firms, and governments c. the overall level of trade between nations d. local governments only e. the general level of output
All of the following shift an industry's labor supply curve EXCEPT changes in
A) market wages offered in other industries. B) the demand for the final product. C) job flexibility. D) working conditions.
Legislators are not likely to substitute money transfers to low-income people for in-kind benefits (e.g., food stamps, health care) because
A) low-income people generally do not know how to manage money effectively. B) low-income people prefer in-kind transfers. C) special interest groups benefit from the system of in-kind transfers. D) giving cash to the poor would necessitate a tax increase.