Which of the following was signed in the Kyoto Protocol?
A) the Framework Convention on Climate Change
B) the Zero Greenhouse Gas Agreement
C) the Treaty on Global Warming
D) the Emission Trading Scheme
A
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Economics tells us which resource allocations are preferable.
Answer the following statement true (T) or false (F)
If the demand for a good increased, what would be the effect on the equilibrium price and quantity?
a. Price would increase, and quantity would decrease. b. Price would decrease, and quantity would decrease. c. Price would increase, and quantity would increase. d. Price would decrease, and quantity would increase.
The first president who commit the government to a target unemployment rate is
A. FDR. B. John F Kennedy. C. Bill Clinton. D. Lyndon Johnson.
The long-run industry supply curve ________ in a decreasing-cost industry.
A. is horizontal B. is vertical C. slopes down D. slopes up