Approximately half of all U.S. workers are employed by various levels of government
a. True
b. False
Indicate whether the statement is true or false
False
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Exhibit 15-1 Production possibilities curves
In Exhibit 15-1, the production possibilities curves of wheat and corn for Nabia and Pada are presented. In Nabia the cost of producing one more unit of wheat is equal to:
A. 4 units of corn. B. 4 units of wheat. C. 1/4 unit of corn. D. 15 units of corn.
Which of the following statements is true?
A. Production of low-pollution products like clothing increases in the industrialized countries due to free trade. B. Shifts toward freer trade are responsible for the majority of the increase in carbon dioxide emissions. C. Free trade is inherently anti-environment. D. Relocation of firms to take advantage of lax environmental laws is small.
If domestic production of a product causes pollution that imposes an external cost on the country, then
A. exports of the product should be subsidized. B. exports of the product are less than they would be otherwise. C. exports of the product can make the country worse off. D. exports of the product offset the external costs.
Which of the following has been the largest organized group of U.S. unions during the past 50 years?
A) AFL-CIO B) AFL C) CIO D) Change to Win