Smog is the most visible form of air pollution and around 15% of smog comes from manufacturing industries
Indicate whether the statement is true or false
true
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Which of the following is correct?
a. In the national income accounts, investment and private saving refer to the same thing. b. In a closed economy if national saving is greater than zero, then everyone must be saving. c. The financial system channels funds from savers to borrowers. d. People whose consumption exceeds their income are savers.
What are the main reasons comparative advantages occur?
a. climate, import quotas, technology b. education, technology, import quotas c. education, factor endowments, capital d. climate, factor endowments, technology
Which of the following statements is true of open-market operations?
a. Open-market operations involve clearing checks b. Open-market operations involve lending money to member banks. c. Open-market operations involve accepting deposits from member banks. d. Open-market operations involve the Fed's purchase and sale of government securities. e. Open-market operations involve the Fed's purchase and sale of foreign exchange.
A pandemic causes the deaths of a large proportion of the working-age population in the country of Alpha. As a result the real wage in Alpha ________ and employment in Alpha ________.
A. decrease; increase B. decrease; decrease C. increase; increase D. increase; decrease