The socialist countries of Eastern Europe have
a. fewer environmental problems than capitalist countries.
b. improved their environment more than the capitalist countries.
c. worse environmental problems than capitalist countries.
d. worsened since the collapse of communism there.
c
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If the current period has a CPI of 143, then the amount of inflation since the base period is
A) 143 percent. B) 157 percent. C) 57 percent. D) 43 percent. E) unknown without knowing the base period's CPI.
In economics, all the items that people would consume if they had unlimited income are known as
A) wants. B) aggregates. C) outputs. D) needs.
If there is a combination of strategies in which each player's action is the best response to the actions of other players, then there is
A) a Boyes equilibrium. B) an unstable equilibrium. C) a complementary equilibrium. D) a Nash equilibrium.
Credit card companies that operate as intermediary firms between credit card holders and business vendors are best described as
A. platforms in a shared-input market. B. end users in a shared-input market. C. end users in a transaction-based market. D. platforms in a transaction-based market.