Whenever there are negative or positive externalities, the Coase theorem suggests that it is economically efficient for the government to intervene to resolve the externality problem.
Answer the following statement true (T) or false (F)
False
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Points A and B in the figure shown indicate consumption and investment for two economies. Other things constant, which of the economies is likely to grow more rapidly in the future?
(A) economy A
(B) economy B
(C) They can be expected to grow at the same rate.
(D) This is uncertain since growth is not influenced by the factors indicated in this example.
(E) Neither economy will experience growth as they are not maximizing their current investment.
If one added up the value of all intermediate goods that went into the production of real GDP, the total value of intermediate goods would be
A. Equal to the GDP. B. Greater than the GDP. C. Less than the GDP. D. None of the choices are correct.
Choose three advanced factors that Porter believes are MOST significant for competitive advantage
What will be an ideal response?
Charitable donations to the Red Cross
A) can be explained by the rational ignorance theory. B) can be explained by the rational self-interest theory. C) cannot be explained by the rational self-interest theory. D) prove that there is no scarcity in the United States.