Which of the following are important components of the hydrologiccycle?
a. evaporation c. precipitation
b. transpiration d. all of the above
d. all of the above
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In the figure above, a perfectly price-discriminating monopoly will maximize profit by producing at amount of output equal to
A) h. B) j. C) k. D) none of the above.
You have been hired as an economic advisor for a developing country. You have been asked to focus on education as a means for the country's development
Explain to the prime minister how improving education and training can contribute to his country's economic growth, and why it is important for the government to take a proactive role in promoting education.
Government savings, , is equal to
A) T - G. B) T + G. C) T = G. D) T + G - I. E) T - G = I.
The political functions of government differ from the economic functions of government in that
A. the political functions involve elections and the court systems while the economic functions involve taxation and transfers. B. the President deals with the economic functions while Congress deals with the political functions. C. the political functions are performed at the federal government while the economic functions are at the state and local government levels. D. the political functions relate to income distribution while the economic functions relate to the way exchange is carried out.