Air pollution is a problem because
A) people are greedy.
B) people are not environmentally conscious.
C) people make use of air without having to bear all the costs of their actions.
D) a market economy does not provide as strong an incentive for environmental cleanup as a socialist economy.
C
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In the aggregate production function Y = A , real business cycle theory treats ________ as the key independent variable
A) potential output B) productivity C) the capital stock D) the labor input
The total revenue received by sellers of a good is computed by
What will be an ideal response?
When jobs are outsourced,
A. Unemployment increases significantly. B. Production possibilities expand. C. Corporations lose money. D. The economy begins to collapse.
Refer to the information provided in Figure 23.6 below to answer the question(s) that follow.
Figure 23.6Refer to Figure 23.6. Aggregate consumption is 960 when aggregate income is
A. $800. B. $950. C. $1,000. D. $1,125.