All of the following are major greenhouse gases (GHGs), EXCEPT

a. carbon dioxide (CO2)
b. methane (CH4)
c. nitrous oxide (N2O)
d. volatile organic compounds (VOCs)


d. volatile organic compounds (VOCs)

Economics

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A falling natural-employment deficit indicates that

A) the growth rate in the economy has increased. B) the government is following a restrictive fiscal policy. C) the government is following an expansionary fiscal policy. D) the actual surplus is rising.

Economics

A union could raise wages without causing unemployment of union members if it can increase demand for union labor. How might this goal be achieved?

What will be an ideal response?

Economics

Marginal output and marginal physical product are

A. directly related. B. inversely related. C. weakly related. D. identical.

Economics

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

1. In terms of combined volume of exports and imports, the largest trading partner of the United States is China. 2. The combined total of exports plus imports accounted for more than 50% of U.S. GDP in 2012. 3. The U.S. has a trade deficit in goods, but a trade surplus in services. 4. When a country has a comparative advantage in some product, it has a higher domestic opportunity cost, but can charge a lower price for the product. 5. Nation A can produce either 6 units of steel or 8 units of wheat. Nation B can produce either 10 units of steel or 10 units of wheat. These data suggest that Nation A has the comparative advantage in producing wheat.

Economics