Transferable pollution rights would allow firms to move into an area that is already as polluted as allowed by EPA standards
a. True
b. False
Indicate whether the statement is true or false
True
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How did McDonald's attempt to address the cultural differences around the world in selling its product?
What will be an ideal response?
The lag before the full effects of monetary policy on inflation are felt is longer than the lag before its effects on real output and unemployment are felt
a. True b. False Indicate whether the statement is true or false
When earnings differentials are adjusted for such factors as age, education, and marital status, the
a. differential between the earnings of white males and those of minority males increases. b. differential between the earnings of white males and those of minority males decreases. c. corrected earnings of minority males are equal to those of similar white men. d. corrected earnings of minority males are greater than those of similar white men.
If a firm can increase output by hiring more workers, then
A. it will do so only if the cost of hiring the workers (and purchasing the materials) is more than the increase in revenues associated with the increase in sales. B. it will never do so. C. it will do so only if the cost of hiring the workers (and purchasing the materials) is less than the increase in revenues associated with the increase in sales. D. it will always do so.