Evidence exists that countries with the most open economies tend to have more stringent environmental regulations
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
If the savings rate in an economy is 30%, and the GDP of the economy is $1,000, then the level of investment in the economy will be:
A) $330. B) $150. C) $600. D) $300.
On the modern Phillips curve, the initial impact of government policies to stimulate the economy is shown by ________
A) an upward movement along the Phillips curve to a higher inflation rate B) an upward shift of the Phillips curve leading to higher inflation rates for any unemployment rate C) a downward shift of the Phillips curve leading to lower inflation rates for any unemployment rate D) a downward movement along the Phillips curve to higher unemployment rates E) none of the above
Which of the following is most likely to reduce the incidence of employee shirking?
a. use of the corporate business structure, rather than an individual proprietorship b. closely relating the pay of workers to their productive contribution c. payment of identical wage rates to all workers d. providing workers with a year-end bonus if the business firm loses money during the year
An attempt to lower unemployment with demand-side stimulus policies will cause an increase in the price level, which is illustrated by
A. A rightward shift of the aggregate demand curve. B. A rightward shift of the aggregate supply curve. C. A leftward shift of the aggregate demand curve. D. A leftward shift of the Phillips curve.