The Kyoto Protocols were initially
A. approved by President Bush.
B. signed by President Clinton but never approved by the U.S. Senate.
C. approved by the U.S. Senate and signed by President Clinton.
D. approved by the U.S. Senate but never signed by President Clinton.
Answer: B
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The argument that suggests that regulators balance the interests of firms, consumers, and legislators is called
A) the capture hypothesis. B) the creative response theory. C) the share-the-gains, share-the-pains theory. D) the theory of optimal regulation.
What does a monopolist's demand curve for labor look like? How does it compare to the market demand curve for a competitive industry? What does the supply curve of labor to a monopolist look like? Explain
What will be an ideal response?
If the government borrowed funds are invested more in ________ , then it would improve labor productivity and the nation's future standard of living
a. farm subsidies b. retirement benefits c. educated workforce d. defense
The financial and opportunity costs consumers pay when looking for a good or service:
a. supply shock b. shortage c. excess supply d. disequilibrium e. search costs