Which of the following was signed in the Kyoto Protocol?
A) the Framework Convention on Climate Change
B) the Zero Greenhouse Gas Agreement
C) the Treaty on Global Warming
D) the Emission Trading Scheme
Answer: A
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Gross investment is
A) the wear and tear on private investment. B) the total amount of new private investment purchases. C) what is left over from total new private investment after depreciation. D) the total amount of private investment purchases, whether new or previously existing.
Which is larger: the present value of $1 two years from now or the present value of $1 one year from now? Explain
What will be an ideal response?
An interest rate spread is
A) the difference between long-term and short-term interest rates. B) the difference between nominal and real interest rates. C) the difference between lending and borrowing interest rates. D) the difference between public and commercial interest rates.
Which of the following economies has the highest ratio of Social Security benefits to GDP in 2006?
a. Germany b. Netherlands c. Canada d. France e. United States