What is new about environmental problems today is
a. that for the first time in history we have environmental problems.
b. the increased rate at which air and water pollution is occurring in the United States.
c. the amount of attention the community now gives them.
d. that environmental problems with pollution and garbage disposal have almost completely disappeared.
c
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A person who refuses an offer of employment in order to keep looking for a better job is counted by the BLS as
A) a discouraged worker. B) a shirker. C) eligible for unemployment compensation. D) not in the labor force. E) unemployed.
If a larger fraction of the adult population is working in the marketplace, household production
A) counted in real GDP increases. B) not counted in real GDP increases. C) counted in real GDP decreases. D) not counted in real GDP decreases.
Total cost is broken down into two components:
A. average cost and marginal cost. B. variable cost and marginal cost. C. variable cost and fixed cost. D. average cost and fixed cost.
Refer to the information provided in Figure 2.4 below to answer the question(s) that follow.
Figure 2.4According to Figure 2.4, as the economy moves from Point D to Point B, the opportunity cost of hybrid cars, measured in terms of motorcycles,
A. initially increases, then decreases. B. increases. C. remains constant. D. decreases.