Most waste generated in the U.S. ends up in landfills because
a. the low opportunity cost of time discourages recycling
b. Americans earn low incomes
c. the price of land is relatively low
d. the low wages in the repair industry encourages repairs
e. of low productivity and high wages in the waste disposal industry
C
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What new authority did the ECB receive in 2012?
A) the authority to oversee the banking systems of all member countries B) the ability to set different interest rates in different member countries C) the ability to require that member nations balance their budget D) permission to monetize the debt of member countries
A decrease in the price of oil will cause the:
A. short-run aggregate supply curve to shift to the right. B. aggregate demand curve to shift to the right. C. short-run aggregate supply curve to shift to the left. D. long-run aggregate supply curve to shift to the left.
If there are constant returns to scale, the production function can be written as
a. xY = 2xAF(L, K, H, N). b. Y/L = A F(xL, xK, xH, xN). c. Y/L = A F( 1, K/L, H/L, N/L). d. L = AF(Y, K, H, N).
If Harry only pays $25,000 to purchase a new car even though he would have been willing to pay as much as $35,000 for the car, this indicates that
What will be an ideal response?