Consumer surplus describes a situation in which there is excess quantity supplied.
Answer the following statement true (T) or false (F)
False
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Anthropogenic pollutants
a. arise from natural processes in nature, like particles from volcanic eruptions b. are contaminants linked to human activity c. are those released only from nonpoint sources d. are of minimal concern to environmental economists
A leftward shift of the BP schedule co the result of an
a. exogenous rise in import demand. b. exogenous fall in export demand. c. increase in the foreign demand for capital. d. increase in the foreign interest rate. e. both a and b.
In the United States, an example of a common in-kind transfer would be:
A. public housing. B. Aid to Families with Dependent Children. C. earned income tax credit. D. All of these are in-kind transfers.
Assume that Sharon purchases $5,000 worth of a stock. To do so she uses $1,000 of her own money and borrows the remaining $4,000 at a 7.0 percent interest rate. If the stock’s value decreases by 10 percent in one year and she has to sell the stock at that time, what is her rate of return?
A. ?10 percent B. ?50 percent C. ?78 percent D. ?156 percent