Ways to ration goods include
A. first-come, first-served.
B. prices.
C. political power.
D. All of these.
Answer: D
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The relationship between quantity demanded and price is a(n) ________ relationship.
A. general B. inverse C. dictated D. direct
An example of someone bearing the burden of a negative consumption externality would be
A) Taylor living downwind from a feedlot. B) LaShawn grows beautiful roses in her garden. C) Jess's roommate smokes and she doesn't. D) All of these are examples of someone bearing the burden of a negative consumption externality. E) None of these is an example of someone bearing the burden of a negative consumption externality.
Gdp:
a. is the dollar value of all the final goods and services produced within the borders of a nation. b. includes intermediate and final goods and services. c. minus an allowance for depreciation of fixed capital equals GNP. d. is a less-than-perfect measure of social well-being because it does not include exports and imports. e. all of these.
Answer the following statement(s) true (T) or false (F)
1. Water quality policy recognizes two major categories of water resources -- surface water and groundwater. 2. An aquifer refers to any water body exposed to the atmosphere. 3. Groundwater and surface waters are about equal in volume. 4. The interdependence of all water resources is explained by the hydrologic cycle. 5. Environmental threats to surface water have no connection to groundwater contamination.