The derived demand for borrowed funds has the characteristic negative slope of any demand curve
a. True
b. False
Indicate whether the statement is true or false
True
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Using consumption theories based upon forward looking hypothesis, a temporary increase in government expenditures will have ________ impact on induced consumption
A) a large multiple B) a small multiple C) a variable D) no
Which of the following is true?
a. Producing too much pollution could be a market failure, but producing too little research cannot. b. Producing too little research could be a market failure, but producing too much pollution cannot. c. Both producing too much pollution and producing too little research could be market failures. d. Market failures mean that government intervention in those areas will improve the results.
A polluting company may be able to purchase the right to pollute through
A. Higher user fees. B. Emission charges. C. Pollution permits. D. Pollution fines.
Consider the United States' production of soy beans and running shoes. If the United States has an absolute advantage in the production of both goods compared to China,
A) only the United States can gain from trade. B) each country will be able to produce at a point beyond its PPF. C) only China can gain from trade. D) only the United States will be able to operate beyond its PPF. E) both countries can gain from trade.