As emissions levels increase at a steady rate for a stock pollutant, accumulations
a. Decrease at a steady rate
b. Decrease at an exponential rate
c. Remain constant
d. Increase at a steady rate
e. Increase at an exponential rate
Answer: e. Increase at an exponential rate
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Which of the following is NOT likely to affect investment?
A) variations in expected output B) the nominal interest rate C) the real interest rate D) the tax treatment of depreciation allowances
Assume that the government increases spending and finances the expenditures by borrowing in the domestic capital markets. If the nation has low mobility international capital markets and a flexible exchange rate system, what happens to the GDP Price Index and current international transactions in the context of the Three-Sector-Model?
a. The GDP Price Index falls, and current international transactions become more negative (or less positive). b. The GDP Price Index rises, and current international transactions become more negative (or less positive). c. The GDP Price Index and current international transactions remain the same. d. The GDP Price Index rises, and current international transactions remains the same. e. There is not enough information to determine what happens to these two macroeconomic variables.
Right-to-work laws give
A. the firm the right to permanently fire anyone who strikes. B. workers the right to be represented by a union. C. a nonunion worker the right to enjoy union benefits without paying union dues. D. firms the right to hire replacement labor when the union strikes. E. workers the right to not join a union.
The labor demand curve shows how many workers the firm is willing to hire
A. at any particular time. B. at a particular amount of labor supplied. C. at any given wage. D. when demand for the firm's output is low. E. into high-skill jobs.