Which of the following is NOT a problem with finding a solution to global climate change?
A) Countries have not recognized that there is a problem with climate change.
B) Solutions must be adopted globally, not unilaterally.
C) Science can only provide probabilities of future events, not certainties.
D) It is difficult to determine an appropriate level of response to climate change problems.
A
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Suppose that an employer can hire workers with brown hair and workers with blonde hair. Each type of worker has the same productivity. Which of the following is correct if the employer discriminates by hiring only workers with brown hair?
a. The employer will be just as efficient as a nondiscriminating employer. b. The employer will face higher costs than firms that focus only on maximizing profits. c. The employer will immediately go out of business because discrimination is illegal. d. The employer will face union strikes.
For purposes of monetary policy, the Federal Reserve has targeted the interest rate known as the
A) prime rate. B) Treasury bill rate. C) federal funds rate. D) discount rate.
Suppose the intersection of the IS and LM curves is to the right of the FE line. What would most likely eliminate a disequilibrium among the asset, labor, and goods markets?
A) A rise in the price level, shifting the LM curve up and to the left. B) A fall in the price level, shifting the LM curve down and to the right. C) A rise in the price level, shifting the IS curve up and to the right. D) A fall in the price level, shifting the IS curve down and to the left.
Which of the following properties should a commodity have to be considered as money?
a. It should be scarce and rare. b. It should be perishable. c. It should be indivisible. d. It should be unpredictable in value. e. It should be homogenous in nature.