The market mechanism provides a financial incentive for firms to minimize the pollution they create
a. True
b. False
Indicate whether the statement is true or false
False
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The bowed-out shape of the production possibilities curve shows that as more of one product is produced,
a. the opportunity cost per unit will increase. b. the opportunity cost per unit will decrease. c. the opportunity cost per unit stays the same. d. the production possibilities curve shifts inward.
Capital inflows that take the form of direct investment may be particularly beneficial if they bring new technologies, new management techniques, and new ideas to the host country
Indicate whether the statement is true or false
Stock markets deal
a. almost exclusively in newly issued stocks. b. in previously issued stocks. c. in both newly issued and previously issued stocks, but they do not deal in bonds. d. in large amounts of both newly issued and previously issued stocks and bonds.
The number of U.S. households with access to the Internet has grown is growing rapidly. Compared to 50 years ago, one would predict that when considering a major purchase, people today will gather:
A. more information because the Internet has increased the cost of gathering information. B. less information because the Internet has increased the benefit of gathering information. C. more information because the Internet has lowered the cost of gathering information. D. less information because the Internet has lowered the cost of gathering information.