The Framework Convention on Climate Change took place in
A) the 1973-1979 Tokyo Round.
B) the 1987-1993 Uruguay Round.
C) the 1997 Kyoto Protocol.
D) the 2001 Doha Round.
C
You might also like to view...
Claims that economic agents have against banks are known as:
A) assets. B) capital. C) deposits. D) liabilities.
"Dad said he'd pay for my education whether I go to State or to Ivy College. So I chose Ivy College, even though it'll cost him $15,000 more in tuition each year!" Pick the correct statement:
A) Her opportunity cost is $15,000 each year. B) Her opportunity cost is the satisfaction she would have experienced at State. C) Whether she realizes it or not, her opportunity cost is infinite, just like her dad's love is infinite. D) She has no opportunity cost, because her dad will pay for her education.
Figure 9.6 represents the market for health insurance. Suppose there are two types of consumers, low-cost consumers with $2,000 average medical expenses per year, and high-cost customers with $4,000 average medical expenses per year. The insurance companies estimate that 40% of its customers are high-cost type. If the insurance companies set the price equal to their average cost per customer, what type of customers will dominate the market?
A. low-cost customers B. high-cost customers C. Both types equally split the market. D. There is not sufficient information.
Grace just got her first cell phone, an iPhone, for graduation. She tosses her iTouch in a drawer and never touches it again, even though she could easily sell it for $75 on Craigslist. Grace's choice is ________ because ________.
A. irrational; she weighs the $200 she paid for the iTouch and the $75 she could sell it for now B. rational; she weighs the $200 she paid for the iTouch and the $75 she could sell it for now C. irrational; she would not pay $75 to buy the iTouch today D. rational; she would not pay $75 to buy the iTouch today