The Millennium Development Goals adopted by the United Nations included targets for conservation management.
Answer the following statement true (T) or false (F)
True
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People in the U.S. will rarely pay a great deal per gallon to obtain water because
A) there are so many excellent substitutes for water. B) there is no relationship between objective price and subjective value. C) they are usually creatures of habit. D) they think water, as a basic necessity, ought to be supplied at a very low price. E) they place a very low marginal value on water.
The figure above shows a monopoly firm's demand curve. At point u in the figure, the demand facing the monopoly is
A) elastic. B) unit elastic. C) inelastic. D) less than the supply.
Suppose we have an economy in which G = 100, t = 0.26, Y = 3800, and YN = 4000. Then t rises to 0.28 as the same time as G rises to 1150. The overall impact of this resettling of the fiscal variables is ________ because ________
A) expansionary, the actual deficit rises B) expansionary, the natural employment deficit falls C) contractionary, the natural employment deficit falls D) contractionary, the natural employment deficit rises E) contractionary, the actual deficit rises
Which one of the following is not true?
a. An exchange rate is the price of one currency in terms of another. b. An exchange rate is the means by which the price of a good in one country is translated into the price to the buyer in another country. c. The cost of a foreign good in dollars will depend on the current exchange rate. d. The exchange rate will affect the willingness of foreign buyers and sellers to trade with each other. e. The exchange rate is the price of a currency in terms of another currency for exchanges of goods and services but not for financial transactions.