The price of a pollution right is
a. determined by consumers
b. determined by government
c. a user charge
d. determined by supply and demand
e. a subsidy
D
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Use the following given market-for-money diagrams to answer the next question.
Curve D1 represents the
A. transactions demand for money. B. asset demand for money. C. total demand for money. D. stock of money.
From the early 1990s through 2012, the U.S
A) current account and U.S. capital and financial account were both positive. B) current account was negative. C) balance of payments exceeded the capital account. D) actual balance of payments deficit exceeded what the United States measured as the balance of payments deficit. E) capital and financial account was negative.
A traditional economy is based on
a. government regulation. b. self-sufficiency. c. barter. d. both self-sufficiency and barter.
If Jane can produce 3 pairs of shoes per hour, while Bob can produce 2, then ________ has a(n) ________ advantage in producing shoes.
A. Bob; absolute B. Jane; absolute C. Bob; comparative D. Jane; comparative