Cost effective technologies to reduce pollution are most likely to result from
A) marketable pollution permits.
B) pollution charges.
C) taxes.
D) pollution limits.
E) quotas.
A
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To answer the next question use the information in the table below which illustrates the multiplier process resulting from an autonomous increase in investment by $5. Change in IncomeChange in ConsumptionChange in SavingsAssumed increase in investment$5.00 $1.25Second round $2.81 All other rounds 8.44 Totals 5.00The total change in income resulting from the initial change in investment will be
A. $15. B. $5. C. $10. D. $20.
If M increases and V decreases: a. nominal GDP increases
b. nominal GDP decreases. c. nominal GDP stays the same. d. there is an indeterminate effect on nominal GDP.
According to Say's law,
A) if there is demand for a good, someone will supply it. B) production creates demand sufficient to purchase all goods and services produced. C) supply and demand work together to determine price. D) trading takes longer in a barter economy than in a money economy. E) none of the above
For an aggregate demand curve with = 10% and = 0%, if inflation is 6%, then real growth is:
What will be an ideal response?