Acid rain is an example of
a. local pollution c. regional pollution
b. global pollution d. natural pollution
c. regional pollution
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What is dumping and why would firms engage in it?
What will be an ideal response?
Deliberate actions by a central bank to influence the exchange rate are known as
A) current account actions. B) foreign-exchange market interventions. C) dollar-value operations. D) foreign-commerce maneuvers.
Open market operations affect the supply of reserves
a. True b. False Indicate whether the statement is true or false
When the marginal revenue product of an input is less than its price, the
a. producer should expand the use of that input. b. price of the input will automatically rise in a free market. c. producer should reduce the use of that input. d. marginal physical product of that input must be below its average physical product.