Which one of the following statements is false?
a. Global warming and ocean pollution are examples of global commons issues
b. Solving problems with global commons usually requires international cooperation
c. Problems with the global commons are becoming more prevalent as human economic activity increases
d. Problems with global commons occur because countries view their global environmental impacts as externalities
e. Solving problems involving global commons is not possible because of free rider effects
Ans: e. Solving problems involving global commons is not possible because of free rider effects
You might also like to view...
Use the following market data to answer the question below.Price per UnitQuantity Purchased by ConsumerQuantity Sold by Producer$52,0000101,800300151,600600201,400900251,2001,200301,0001,500In the market shown in the table, the marginal benefit of 1,200th unit is
A. $25. B. $10. C. $20. D. $15.
Which of the following statements about U.S. production is correct?
A. Construction accounts for a larger percentage of total production than does manufacturing. B. Real estate services account for 12.6 percent of the value of total pro-duction, larger than any other item of services or goods. C. Consumption goods and services represent 85 percent of U.S. produc-tion by value and that percentage doesn't fluctuate much. D. The manufacture of goods represents more than 50 percent of total production.
The formula for determining changes in demand deposits is the reciprocal of the required reserve ratio (i.e., 1/RRR) multiplied by the change in reserves
a. True b. False
Stealth bank holds deposits of $200 million. It holds reserves of $15 million. It has purchased government bonds worth $75 million. The current value of its loans, if sold at market value, is $130 million. What is the value of the Stealth bank’s liabilities?
a. $20 million b. $200 million c. $5 million d. $330 million