Which of the following would be an example of a negative externality?
Answer: Pollution from a factory that drifts into a populated neighborhood
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The American Revolution and Constitution represented the transition to "modern liberalism," or
(a) a strong emphasis on the role of government in providing for the welfare of the people and the regulation of business activities. (b) an emphasis on free enterprise and competitive individualism and a limited role for government. (c) an emphasis on public virtue and commitment to the welfare of the community or nation as a whole, and a de-emphasis on self-interest and profit-seeking behavior. (d) an emphasis on laissez-faire and the absence of government laws.
Without contracts, what type of transactions would occur?
A) forward purchases. B) lateral purchases. C) spot transactions. D) side bars.
A month ago, you bought a one-year bond with a value of $100 that pays a fixed interest rate of 5 percent per year. The interest rate of the economy was also 5 percent. Today you read in the newspaper that the interest rate in the economy increased to 6 percent. You are holding a bond that is:
A. not desirable at all. B. desirable to you. C. less desirable to other investors. D. highly desirable to other investors.
Define labor standards as proposed by the ILO
What will be an ideal response?