What does empirical research suggest about the existence of pollution havens?
What will be an ideal response?
That countries with low standards are actually less successful at attracting foreign investment
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The market where borrowers obtain funds from savers is referred to as the:
A) capital market. B) exchange market. C) spot market. D) credit market.
Kristen has an income of $450 per year to spend on music CDs and movies on DVDs. The price of a CD is $15 and the initial price of a DVD is $22.50. The indifference curves in the figure above (I1, I2, and I3 ) reflect Kristen's preferences
If the price of a DVD falls to $18, the income effect on Kristen's consumption of DVDs ________ the substitution effect, so a DVD is ________ good. A) partly offsets; an inferior B) partly offsets; a normal C) reinforces; an inferior D) reinforces; a normal
Bob got laid off six months ago. He used to go to the movies once a month, but he's only been twice because he lost his job. This type of behavior can be measured using:
A. the price elasticity of demand. B. the price elasticity of supply. C. the income elasticity of demand. D. the cross-price elasticity.
What would be a way for the Federal Reserve to stimulate an economy that is? sluggish?
A) buy government bonds on the open market B) encourage the stock market C) print more money D) sell more government bonds