Which of the following would you expect to lead to improved environmental quality?
A. An export or production subsidy from the French government to French wheat producers
B. An export subsidy for producers of clean technology for producing paper
C. Freer trade that promotes production of manufactured goods in developing countries where environmental laws are lax
D. A voluntary export restraint on the part of Japanese auto producers
Answer: B
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The rational expectations hypothesis suggests that if wages and prices are flexible
A. anticipated monetary policy actions can affect nominal variables, but not real variables. B. growth in the money supply can alter real variables only if the growth is anticipated. C. unanticipated monetary policy actions can shift the long-run aggregate supply curve but cannot shift the aggregate demand curve. D. unanticipated monetary policy actions can affect real variables, but not nominal variables.
The primary goal of a business firm is to
A) promote fairness. B) make a quality product. C) promote workforce job satisfaction. D) maximize profit. E) increase its production.
The largest concentration of people in the world (the most people) now is in what region?
a. Africa b. South America c. Asia d. Europe
A U.S. grocery chain buys bananas from Honduras and pays for them with U.S. dollars
a. The purchase of the bananas increases U.S. net exports and the payment with dollars increases U.S. net capital outflow. b. The purchase of bananas increases U.S. net exports and the payment with dollars decreases U.S. net capital outflow. c. The purchase of bananas decreases U.S. net exports and the payment with dollars increases U.S. net capital outflow. d. The purchase of bananas decreases U.S. net exports and the payment with dollars decreases U.S. net capital outflow.