While the price of a resource may increase sharply during some periods, the structure of ____ accompanying the price increase makes depletion highly unlikely and provides the seeds for future reversal
a. government programs
b. foreign competition
c. incentives
d. taxation
C
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A classic early example of efficiency wages came in ________
A) Nazi Germany B) 1973 with the increase in OPEC-determined oil prices C) 1914 at the Ford Motor Company D) 1890 with the Sherman Antitrust Act
A prisoner's dilemma is a game in which:
A. one player has a dominant strategy and the other does not. B. the players' payoffs are larger when both play their dominant strategy compared to when both play a dominated strategy. C. the players' payoffs are smaller when both play their dominant strategy compared to when both play a dominated strategy. D. neither player has a dominant strategy.
If government is going to provide an environment for economic prosperity
What will be an ideal response?
Explain the costs and benefits of a single currency
What will be an ideal response?