The use of pollution permits by the government to reduce pollution is:
A. common in several parts of the United States.
B. theoretically interesting, but untried in the United States.
C. common in the third world.
D. workable in theory but unworkable in practice.
Answer: A
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Since 1925, the longest recession in the United States lasted:
A. 120 months. B. 43 months. C. 60 months. D. 21 months.
Torrie is thinking of starting up a small business selling hand-painted wine glasses. She is considering setting up her business as a corporation. What is one advantage to Torrie of setting up her business as a corporation?
A) By setting up the business as a corporation, Torrie would have both ownership and control over the business. B) By setting up the business as a corporation, Torrie would not face double taxation. C) By setting up the business as a corporation, Torrie would have the ability to share risk with shareholders. D) All of the above would be advantages of setting up her business as a corporation.
Which of the following factors would economists consider "key" to economic development?
A) policies that promote consumption expenditures by households B) establishing a system of property rights C) expansionary monetary policy D) All of the above are correct.
In the above figure, the maximum number of units that 4 workers can produce is
A) 5 units. B) 10 units. C) 15 units. D) more than 15 units.