Individuals and government have been contributors in harming the environment
a. True
b. False
Indicate whether the statement is true or false
True
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Which of the following would contribute, directly or indirectly, to a deficit in the capital account of the U.S. balance of payments?
a. A British citizen buys stock in Ford. b. A British citizen buys a bond from Ford. c. Interest rates fall in the United States relative to their level in the rest of the world. d. Australian publisher Rupert Murdoch buys The New York Times. e. Developing countries become more stable and so borrow less from U.S. banks.
If price is less than average fixed costs, a. the firm should operate, since it is making economic profits
b. the firm should operate in the short run, but it is making economic losses. c. the firm should shut down in the short run. d. We do not know whether a firm should continue operating or not.
Neighborhood florist shops, restaurants, and travel agencies are most likely organized as
a. labor unions b. corporations c. partnerships d. sole proprietorships e. stock markets
Medicaid and food stamps are:
a. forms of cash assistance. b. forms of in-kind assistance. c. available only to families. d. counterproductive.