A technological advance in the production of automobiles will:

A) increase the supply of automobiles.
B) decrease the supply of automobiles.
C) increase the demand for automobiles.
D) decrease the demand for automobiles


A) increase the supply of automobiles.

Economics

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The United States consumes more energy per person than any other country in the world.

Answer the following statement true (T) or false (F)

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The Fed's exit strategy refers to how they will exit from political discussion

a. true b. false

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An effluent fee is an example of:

A. a market incentive policy. B. a direct regulation of pollution. C. a tax incentive policy. D. a voluntary approach to pollution.

Economics

Calculate the National Savings (NS) of country A in 2009.

Consider the closed economy of country A where KI = 0. In year 2009, government expenditure (G) is $300 billion, the total tax collected (T) is $900 billion and tax being transferred (TR) is $200 billion. The loanable fund market is currently in equilibrium, and the total demand equation (including SG) is DLF: r =0.04 - 0.000025Q, where r is the real interest rate, and that private saving, SP, equals $800 billion at equilibrium

Economics