One of the drawbacks of horizontal fracking is that it drew workers from other industries to the fracking industry
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
According to the new growth theory, real GDP per person grows because
A) the retirement age increases. B) the labor force participation rate increases. C) people make choices in pursuit of profits. D) the population increases. E) the government subsidizes firms' research and development.
The optimal quantity of air pollution is
A) whatever amount of pollution is produced by the profit maximizing firm. B) found by equating the marginal benefits from further reductions in pollution and the marginal costs of further reductions in pollution. C) found by setting the quantity of air pollution equal to the quantity of water pollution. D) a meaningless concept since monetary values cannot be attached to problems associated with pollution.
Which of the following statements is TRUE?
A) A growing economy should see a decline in relative poverty but not in absolute poverty. B) A growing economy should see a decline in absolute poverty but not in relative poverty. C) A growing economy should see a decline in both absolute and relative poverty. D) A growing economy is usually unrelated to changes in either absolute or relative poverty.
The tax multiplier equals 1 ? spending multiplier
a. True b. False Indicate whether the statement is true or false