If firms were forced to take into account the full social costs of production, then
A. output could be increased and pollution levels would decrease.
B. output would be unaffected but pollution levels would come down.
C. output would decrease but pollution levels would probably remain at the same levels.
D. output and pollution levels would decrease.
Answer: D
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An investment demand curve shows the varying amounts of investment that would be undertaken at various levels of
A. personal saving. B. the real interest rate. C. the average price in the economy. D. consumer spending.
About ________________ of all Americans volunteer each year in the non-profit sector
a. one-tenth b. one-quarter c. one-half d. 90%
An individual competitive firm:
a) Can raise its price to increase profit. b) Has a large advertising budget. c) Can alter the market price of the good(s) it produces. d) Produces a small portion of output relative to the market.
Which of the following is an unconventional monetary policy?
A. Lending to banks in unprecedented volume B. Lending to companies other than banks C. Reducing the federal funds rate to zero D. All of these are unconventional monetary policies.