In the U.S., over the past forty years,
A) exports as a percentage of GDP have increased, while imports has a percentage of GDP have decreased.
B) exports as a percentage of GDP have decreased, while imports has a percentage of GDP have increased.
C) both exports and imports as a percentage of GDP have decreased.
D) both exports and imports as a percentage of GDP have increased.
E) both exports and imports as a percentage of GDP have remained constant.
D
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Refer to Figure 5-2. On the above graph, identify the market equilibrium price and quantity, the efficient equilibrium price and quantity, and the value of the deadweight loss resulting from too few people receiving vaccinations
What will be an ideal response?
State chartered banks were supposed to be driven out of business by the National Currency Act of 1863 and the National Banking Act of 1864 by
A) imposing a tax on their issuance of state bank notes. B) prohibiting them from having interstate branches. C) prohibiting them from paying interest on demand deposits. D) regulating the amount of interest they could pay on savings accounts.
Miniville is an isolated town located on the southern shore of Lake Condescending, a very large lake. The western edge of Miniville is adjacent to impassable mountains and there are no towns or businesses for many miles to the east. The 300 residents of Miniville are evenly distributed along 3 miles of shoreline on the lake, east of the mountains. Lake Shore Drive, the only street in town, provides access to Miniville's homes and businesses. All residents live between the lake and the street; businesses locate on the other side of the street. Lake Shore Drive is 3 miles long, and the points labeled A, B, and C are 1, 2, and 3 miles from the western end of Lake Shore Drive, respectively. All residents of Miniville shop at the store located closest to their homes. src="https://sciemce.com/media/4/ppg__1420829190927__f1q534g1.jpg" alt="" style="vertical-align: 0.0px;" height="94" width="384" /> If one store is located at A and the other store is located at C:
A. 100 people will shop at the store at A, and 200 people will shop at the store at C.
B. 100 people will certainly shop at each store, but where the other 100 will shop is indeterminant.
C. 150 people will shop at each store.
D. 200 people will shop at the store at A, and 100 people will shop at the store at C.
According to economists, the lack of clear property rights will:
A. remove the proper incentives to invest in the future. B. encourage more incentives to invest in the future. C. lower the costs of investing in the future. D. All of these are correct.