Over time, most countries have increased environmental standards
Indicate whether the statement is true or false
TRUE
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Which of the following institutions is the most important participant in foreign currency markets?
A) A retail customer B) A commercial bank C) A foreign exchange broker D) A central bank E) None of the above.
The nominal exchange rate is .80 euros per dollar and the real exchange rate is 4/3 . Which of the following prices for a particular good are consistent with these exchange rates?
a. $4 in the U.S. and 3 euros in Italy. b. $4 in the U.S. and 3.75 euros in Italy. c. $5 in the U.S. and 3 euros in Italy. d. $6 in the U.S. and 2.50 euros in Italy.
Suppose Stan owns a piece of property with a large lake. Initially, Stan and his family were the only people who swam in the lake. Then Stan started selling tickets to people who wanted to go swimming in the lake. When Stan died, he left the lake and the land it was on to the state, stipulating that the lake be left open to the public for swimming. Due to the lake's remote location, it was never crowded. When Stan started selling tickets to the public, the lake became a ________ good.
A. collective B. private C. public D. commons
From 1980 to 2012, the female-male wage ratio in the United States
A. increased modestly from 0.5 in 1980 to almost 0.6 in 2012. B. fell steadily from about 1.0 in 1980 to 0.5 in 2012. C. increased substantially from 0.4 in 1980 to just under 0.7 in 2012. D. increased substantially from 0.6 in 1980 to almost 0.8 in 2012. E. held constant at about 0.7.