Refer to the figure above. Social surplus will be maximized if the quantity supplied of Good X is ________
A) Q1
B) Q2
C) greater than Q1
D) greater than Q2
B
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Investors lower the risk of losing their investment by investing in one large firm, rather than investing in many small firms
a. True b. False Indicate whether the statement is true or false
An economy in which output has decreased and prices have decreased would suggest a:
A. decrease in short-run aggregate supply. B. increase in aggregate demand. C. increase in short-run aggregate supply. D. decrease in aggregate demand.
Economic studies have suggested that according to the theory of ______ advantage, countries will experience higher growth rates if they follow a more open stance toward international growth.
Fill in the blank(s) with the appropriate word(s).
In recent years, many environmentalists have proposed changes to GDP accounting that would take into account the impact of economic activity on the environment. Which of the following economic activities that affect the environment is currently included in GDP?
A. Expenditures on pollution control technology B. The effect of the depletion of oil reserves on energy expenditures C. The impact of corporate pollution on health care spending D. The effect of deforestation on global climate change and the income of future generations