In economics, the optimal level of pollution is the level for which the net benefit from reducing the pollution is the greatest
Indicate whether the statement is true or false
TRUE
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The practice of borrowing short and lending long
A) pools risk. B) minimizes the cost of monitoring borrowers. C) creates liquidity. D) All of the above answers are correct.
The Employment Act of 1946 directed the federal government to pursue the three objectives of maximizing employment, production, and purchasing power
a. True b. False
Suppose that a firm uses both labor (L) and capital (K) as inputs. The firm's long-run production function is Q = F(L,K) = 5?L?K. If the firm has 100 units of capital, what is its short-run production function?
A. Q = F(K) = 50?K B. Q = F(L) = 500?L C. Q = F(L,K) = 50?L?K D. Q = F(L) = 50?L
Why are trade agreements between the U.S. and Mexico more controversial than trade agreements between the U.S. and Canada?
What will be an ideal response?