Achieving both environmental quality and economic prosperity is
a. represented at all points along the Kuznets Curve
b. a view supported by the Nobel Laureate, Robert Solow
c. the overall goal of sustainable development
d. strictly a short-term objective
c. the overall goal of sustainable development
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The willingness of consumers to buy a product at different prices is shown on a
A) demand curve. B) production possibilities frontier. C) supply curve. D) marginal cost curve.
Which of the following is not a potential drawback to public provision of public goods?
a. Public provision lacks clear signals about the value of the good being produced, possibly leading to under and over provision of the goods. b. Many collective consumption goods might be overproduced private goods. c. Public provision often implies taxation, which creates an excess burden that might overwhelm any efficiency gains. d. Many collective consumption goods are really impure private goods and thus the efficient level of output is never reached.
On May 12, 2011, the U.S. dollar was worth 28 Russian rubles. How many U.S. dollars did it take to buy one Russian ruble?
a. 0.01 b. 0.04 c. 0.28 d. 0.40
If the face value of a bond is $5,000 and the coupon is $200, what is the interest rate?
What will be an ideal response?