Which of the following is generally accepted as a valid criticism of the production of useful goods and services?
A. government involvement
B. the black market
C. environmental pollution
D. economic freedom
C. environmental pollution
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If Country A exports a good to Country B, who is made better off?
a. The producers in Country A and the consumers in Country B b. The consumers in Country A and the consumers in Country B c. The producers in Country A and the producers in Country B d. The consumers in Country A and the producers in Country B e. Only the consumers in Country A will benefit from this trade agreement
According to U.S. water quality control policy, tradeable effluent permits
a. can be used to control both point and nonpoint polluting sources b. can achieve cost savings as long as polluters' MACs are unequal c. are generally sold by low-cost abaters d. all of the above e. none of the above
The major difference between short-term macroeconomic theory and long-run macroeconomic theory is:
a. Short-term theory focuses mainly on demand-oriented factors, and long-run theory focuses mainly on supply-oriented factors. b. Short-term theory focuses mainly on supply-oriented factors, and long-run theory focuses mainly on demand-oriented factors. c. Short-term theory focuses mainly on financial markets, and long-run theory focuses mainly on the real goods market and the foreign exchange market. d. Short-term focuses mainly on the real goods market and foreign exchange market, and long-run theory focuses mainly on the financial markets. e. Short-term theory focuses mainly on the role government has in an economy, and long-run theory focuses mainly on the role financial and real markets have on the real goods market.
China is trying to move its banking system from being strictly ________ owned by having them issue shares overseas
A) state B) domestic investor C) depositor D) domestic corporate