Currently, which country emits the largest amount of carbon dioxide (CO2)?
a. United States
b. United Kingdom
c. China
d. Russia
c. China
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Marginal benefit refers to the additional benefit that your activity provides to you
Indicate whether the statement is true or false
Where does the World Bank get its funds?
A) from selling internal reports to the public B) from tariffs collected on goods traded internationally C) from governments of the wealthiest nations and from private financial markets D) from seizing dead capital in developing nations and selling it at auction
If a $500 tax is placed legally (statutorily) on the buyers of new couches and as a result the price of couches at stores rises by $200, the actual burden of the tax
a. falls completely on couch buyers. b. falls completely on couch sellers. c. is $200 on couch buyers and $300 on sellers. d. is $300 on couch buyers and $200 on sellers.
Suppose the current market wage rate (w) is $4. In the short run, a firm's marginal cost at the current output level is $2. What is this firm's marginal product of labor?
A) MPL = 0.5 B) MPL = 1 C) MPL = 2 D) MPL = 8