The financial crises of the 1990s have conclusively proved that globalization causes financial crises
a. True
b. False
Indicate whether the statement is true or false
False
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Which of the following characteristics is NOT likely to increase the interest on a loan?
A) a high-risk proposal B) a non-creditworthy borrower C) a short-term loan D) a larger dollar loan
The profit-maximizing output of a monopolistic competitor is determined at the point of intersection of the demand curve and the marginal cost curve
a. True b. False Indicate whether the statement is true or false
Answer the following statement(s) true (T) or false (F)
1. To meet its emission reduction targets under the Kyoto Protocol, the European Union developed and instituted a greenhouse gas (GHG) allowance trading program. 2. In the United States, there is a federally enforced greenhouse gas (GHG) allowance trading program. 3. The first mandatory cap-and-trade program launched in the United States was the one established by the Western Climate Initiative (WCI). 4. In the market for fossil-fuel-based electricity, too many resources are allocated to production because the associated MSC is above the MPC. 5. The gasoline tax is the most effective type of a product charge to reduce carbon dioxide emissions.
GDP stands for
A. gross domestic price. B. general domestic product. C. gross domestic product. D. gross detailed product.