Endangered species are likely to be
A. common property.
B. private property.
C. both private and common property.
D. neither private nor common property.
Answer: A
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A pair of shoes manufactured in Milan, Italy cost 195 euros. What is the dollar value of the shoes if the exchange rate is $0.89 per euro?
A) $173.55 B) $195.00 C) $219.00 D) $890.00
Fiscal policy involves the manipulation of ________
A) U.S. interest rates B) wages and prices C) federal government spending and tax revenues D) the supply of money
One way fiscal policy affects aggregate demand is:
A. indirectly through government spending. B. directly through tariffs. C. directly through taxation. D. indirectly through taxation.
After a hurricane in Florida knocked out the regional water supply for several days, the demand for bottled water increased sharply. In a market economy, how will this increase in demand affect the equilibrium price and quantity of bottled water?
A. Price will increase, and quantity will decrease. B. Price will decrease, and quantity will decrease. C. Price will decrease, and quantity will increase. D. Price will increase, and quantity will increase.