Which country had the highest level of fossil-fuel carbon dioxide emissions per capita in 2008?
a. Ireland
b. Taiwan
c. Canada
d. Qatar
d
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Refer to Figure 11.2. Suppose that Ca = 40, MPC = 0.8, I = 10. The slope of the consumption function is
A) 0.1. B) 0.2. C) 0.8. D) 0.9.
The only way the standard of living of the average person in a country can increase is if ________ increases faster than ________
A) population; production B) population; income C) population; GDP per capita D) production; population
Labor is available at a wage of $10. The last worker hired by Cal’s Corn Farm added 20 ears of corn, which Cal has priced at four ears for $1. What advice would you give Cal?
What will be an ideal response?
Inclusive property rights provide an investor:
a. more options and greater incentives to avoid inefficient choices. b. an insight to future earnings and revenue generation. c. a definite return on the investment. d. cost effective techniques of production leading to economies of scale.