The bubble concept refers to
a. the buying and selling of pollution rights
b. the way pollution creates a hole in the ozone layer
c. pollution due to nuclear waste
d. strict pollution standards for individual firms
e. obligatory controls
A
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In the United States, the temporary tax surcharge of 1968
A) actually increased consumer spending. B) decreased consumer spending by more than was originally estimated. C) had no impact on consumer spending. D) decreased consumer spending by less than was originally estimated.
If the interest rate is 5 percent, what is the present value of $100 that will be received 3 years from now?
A) $90.70 B) $86.38 C) $115.00 D) $13.62
List the three coordination decisions made by every economy.
A. Where? When? How? B. How? What? To whom? C. Why? Where? What? D. When? To Whom? Where?
An increase in the interest rate will increase consumption spending
a. true b. false