One of the least regulated common resources today is
a. state parks.
b. the ocean.
c. forest preserves.
d. the Great Lakes.
b
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Hong Kong is one of the top four largest markets in the world in foreign-exchange trades and the largest in Asia.
a. true b. false
Milton Friedman and Edmund Phelps ______ the Phillips curve in the 1960s.
a. eliminated b. promoted c. invented d. criticized
In this graph for the marginal costs and benefits of pollution controls, at output level Q1, pollution control is ______.
a. unnecessary
b. optimized
c. insufficient
d. excessive
Refer to the data provided in Table 10.2 below to answer the following question(s).
Table 10.2 
Refer to Table 10.2. If workers are paid $150 per day, then the firm is profit maximizing when it hires ________ workers.
A. two B. three C. four D. five