Economists see the greenhouse effect as
A. having only negative economic consequences.
B. having both negative and positive economic impacts.
C. having only positive economic consequences.
D. having no economic consequences.
Answer: B
You might also like to view...
The physical and mental effort people use to produce goods and services is a description of which factor of production?
A) physical capital B) labor C) entrepreneurship D) human capital
The market and public sector are similar in that
A) there is competition amongst the participants in both sectors. B) the resources used in both sectors are scarce. C) the participants in both sectors react to incentives. D) All of the above are true.
The theory that regulators' behavior will eventually be compromised by the special interests they regulate is known as the
A) capitulation hypothesis. B) creative hypothesis. C) captive hypothesis. D) capture hypothesis.
When using game theory to analyze oligopoly, firms will always have a dominant strategy
a. True b. False