As pollution emissions increase, the added cost of one more unit of emissions goes down.
Answer the following statement true (T) or false (F)
False
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Why does an existing less efficient technology drive out a new, more efficient technology?
a. The existing technology is a network that has become locked in. b. People are receptive to the new technology. c. The new technology is costlier to hire. d. The existing technology is a network that has become locked out. e. The government imposes taxes on the new technology.
As the price level decreases, other things being equal, a. aggregate demand increases
b. the quantity of real gross domestic product demanded increases. c. the quantity of real gross domestic product demanded decreases. d. real gross domestic product supplied increases.
Government decisions tend to be biased toward actions that have
a. current benefits that are easily observable and future costs that are difficult to identify. b. current benefits and future costs that are both difficult to identify. c. future costs that are easily observable. d. clear benefits to the poor at no costs to the wealthy.
Which of the following is NOT a method of forecasting exchange rates?
a. technical methods b. animal methods c. economic fundamental methods d. All of these are methods.