Costs associated with economic growth include all of the following EXCEPT
A) environmental pollution.
B) psychological problems such as depression.
C) urban congestion.
D) improved health care.
D
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Arrange the following goods from least to most elastic, explaining your ordering: gasoline, Exxon gas, Exxon gas at a particular gas station.
What will be an ideal response?
Analyze the following statement "the global financial crisis of 2008-2009 was a great illustration of how interdependent national economies are."
What will be an ideal response?
People:
A. always have enough information to make acceptable choices. B. always have access to complete information. C. never have access to complete information. D. often have good enough information to make acceptable choices.
Assuming a binding price floor, the more inelastic the supply and the demand curves are, the:
A. greater the surplus a price floor will create. B. smaller the shortage a price floor will create. C. greater the shortage a price floor will create. D. smaller the surplus a price floor will create.