The costs that we avoid by not eliminating pollution while being able to enjoy the goods that create the pollution are the social benefits of pollution.
Answer the following statement true (T) or false (F)
True
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Which of the following countries provides the best example of a successful import substitution development strategy?
(a) Chile. (b) Taiwan. (c) Argentina. (d) Botswana.
money is valuable because it
What will be an ideal response?
The economy's current rate of interest is 10 percent and a firm has $10,000 of owner-invested capital. Its total revenue is $5,000 and the firm's explicit costs are $3,000. From this we know that this firm's
A) accounting profit is $500. B) economic profit is $2,000. C) accounting profit is $12,000. D) economic profit is $1,000.
If people who have children also tend to own dogs, we can say there is a positive correlation between having children and dog ownership.
Answer the following statement true (T) or false (F)