Which of the following policy combinations were used by the government during the financial crisis of 2007-2009 in the U.S.?
A) Income tax rates were increased and payroll taxes were reduced.
B) Payroll tax rates were increased and government spending was reduced.
C) A combination of both fiscal and monetary policies were used.
D) The eligibility period for unemployment insurance was shortened.
C
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Over three-fourths of the world's population lives in households that have an average income of less than ________ per year.
A. $4,000 B. $10,000 C. $2,000 D. $1,000
________ refer(s) to purchasing shares in a foreign enterprise largely owned and controlled by the investor.
A. Portfolio investment B. Official capital flows C. Short-term lending D. Direct investment
Suppose a senior college football player approaches an insurance company and seeks to purchase an insurance policy against him receiving a career-ending injury. The insurance company
A) will sell him an insurance policy because the proposal entails uncertainty not risk. B) will sell him an insurance policy because the proposal entails risk not uncertainty. C) will not sell him an insurance policy because the proposal entails uncertainty not risk. D) will not sell him an insurance policy because the proposal entails risk not uncertainty.
Which of the following is an example of an environmental problem that is transnational, but not global?
a. depletion of the ozone layer b. global warming c. overfishing of shared waterways d. loss of biodiversity