In general, we would expect the marginal cost of pollution abatement to be
A. decreasing.
B. increasing.
C. zero.
D. constant.
Answer: B
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Which of the following would indicate that the dollar amount being analyzed is money?
a. M1 money stock of $1.4 trillion at the end of 2010 b. Microsoft profits of $500 billion in 2010 c. The first quarter of 2002 d. Nominal GDP in 2010 of $14.7 trillion
If the MPC is 0, then the multiplier is
a. 0. b. 1. c. infinite. d. None of the above is correct.
?19742015Minimum wage per hour$ 2.00$ 7.25Weekly income from minimum wage$80.00$290.00Cost of a standard basket of goods$47.00$236Number of baskets per week1.701.23
Use Table 2.5 above to answer the question. By what percentage did the federal minimum wage increase between 1974 to 2015?
A. 72.41 percent B. 262.5 percent C. 362.5 percent D. 525.0 percent
Which of the following is a rare occurrence in case of poor performance by a company?
A. Firing the CEO B. Firing the lower-level management C. Firing the middle management D. Firing a few managers from the senior management