Which of these common resources is LEAST regulated today?
a) government land in the North
b) the Great Lakes
c) national parks
d) the ocean
Answer: d) the ocean
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Points outside the production possibilities curves:
A) are feasible and maximize efficiency. B) are not feasible because of a resource constraint. C) are feasible but not preferred because they are inefficient. D) are not feasible because they don't utilize all of the available resource.
According to the above figure, equilibrium is at point
A) E. B) B. C) C. D) D.
Supply-siders' policy recommendations include
a. lower tax rates, spending cuts, and increased government regulation b. lower tax rates, spending cuts, and decreased government regulation c. lower tax rates, spending increases, and decreased government regulation d. lower tax rates, spending increases, and increased government regulation e. higher tax rates, spending cuts, and decreased government regulation
An increase in checking account balances equals the initial deposit multiplied by total reserves.
Answer the following statement true (T) or false (F)