If government expenditures on goods and services increases by $20 billion, then aggregate demand
A) increases by $20 billion.
B) increases by more than $20 billion.
C) decreases by $20 billion.
D) increases by less than $20 billion.
E) decreases by more than $20 billion.
B
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Suppose a lottery ticket costs $1 and the probability that a holder will win nothing is 99.9%. What must the jackpot be for this to be a fair bet?
a. 10 b. 100 c. 1,000 d. 10,000
Answer the following statement(s) true (T) or false (F)
1. The Water Quality Act of 1987 embodies revisions to the Clean Water Act of 1977. 2. The Coastal Zone Act Reauthorization Amendments (CZARA) addressthe development of coastal nonpoint pollution control programs. 3. In the wake of the BP Deepwater Horizon oil spill in the Gulf of Mexico, President Obama signed the Oil Pollution Control Act. 4. The Clean Water Act’s zero discharge goal was met in 1985. 5. The Clean Water Act’s no toxics in toxic amounts goal can be justified on economic grounds.
At Bert's Bootery, the total cost of producing twenty pairs of boots is $400 . The marginal cost of producing the twenty-first pair of boots is $83 . We can conclude that the
a. average variable cost of 21 pairs of boots is $23. b. average total cost of 21 pairs of boots is $23. c. average total cost of 21 pairs of boots is $15.09. d. marginal cost of the 20th pair of boots is $20.
Before the EEOC can take any action at all, it must receive a sworn complaint from an individual
Indicate whether the statement is true or false