With the debris of more than 50 years of climbing on the beautiful high slopes — oxygen canisters, tents, backpacks and even some bodies — Mount Everest has been called the world's highest garbage dump
If Everest is a common resource, currently there is an ________ of the mountain. A) inefficient underuse
B) efficient overuse
C) efficient underuse
D) inefficient overuse
D
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Compared to the national debts of major European countries as a percentage of national incomes, the U.S. national debt
a. is the largest. b. is the smallest. c. is at the lower end. d. falls in the highest ten percent.
Refer to Exhibit 6-2. How many persons are not participating in the labor force in year 3?
a. 50 million b. 100 million c. 150 million d. 350 million e. 400 million
What are the sources of government failure?
Related to the Economics in Practice on page 131: Uber drivers can choose to drive as many or as few hours as they desire, and most drivers have another job and drive for Uber as a way to supplement their income. Assuming leisure is a normal good, if Uber increased the wages it paid its drivers then the income effect would result in drivers working ________ and buying ________ leisure.
A. more; less B. more; more C. less; more D. less; less