In order to reduce the U.S. debt,
A. The government should spend less than it collects in tax revenues.
B. Foreign governments must lend more money to the U.S. government.
C. The government must use deficit spending.
D. There will be a transfer of revenue from bondholders to taxpayers.
Answer: A
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Answer the following statement(s) true (T) or false (F)
1. The use of uniform emissions standards on mobile sources generates a cost-effective solution. 2. According to a study conducted by the National Academy of Sciences, a uniform standard imposed on motor vehicles would be more cost-effective than a two-tiered standard. 3. Plug-in hybrids and hybrid vehicles are examples of partial zero-emission vehicles (PZEVs). 4. U.S. policy on mobile sources imposes more stringent controls on new vehicles, creating a bias against newer, and hence cleaner, motor vehicles.
Would it ever make sense for a firm to charge a price at or below the cost of the product?
What will be an ideal response?
An argument against convergence is that law of diminishing marginal returns does not hold for
a. labor. b. physical capital. c. natural resources. d. technological improvements.
Despite the hard work of activists, less than 50% of all countries recognized by the UN have enacted domestic violence laws.
Indicate whither the statement is true or false.