A stockholder's investment is usually riskier than a bondholder's
a. True
b. False
Indicate whether the statement is true or false
True
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In the process of reducing pollutants in our environment, we are
A) achieving a cleaner environment at no real cost. B) causing higher levels of unemployment. C) reallocating resources in an inefficient manner. D) trading off less of other goods and services for a cleaner environment.
Currency devaluation ______export producers because_______
a. Helps; exports are more expensive b. Hurts; exports are more expensive c. Helps; exports are less expensive d. Hurts; exports are less expensive
The total market value of final goods and services that could be produced in a given time period at full employment is called (2)
What will be an ideal response?
An example of a good that is excludable is:
A. a park. B. a river. C. a boat. D. clean air.