All of the following cash flows can be identified as benefits, except: (choose one)

(a) Longer tire life because of smooth pavement
(b) $200,000 annual income to local businesses because of tourism created by water reservoir
(c) Expenditure of $20 million for construction of a highway
(d) Fewer highway accidents because of im­proved lighting


(c) Expenditure of $20 million for construction of a highway

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The fins on finned tube coils increase heat transfer by:

A) Increasing the surface area exposed to the air. B) Increasing the laminar refrigerant flow through the coil. C) Increasing the laminar air flow through the coil. D) Directing the air smoothly across the coil.

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Answer the following statements true (T) or false (F)

1. YFE represents the level of potential GDP in the economy. 2. Real GDP is equal to nominal GDP adjusted for productivity. 3. The marginal propensity to consume is equal to the percent change in consumption with respect to a change in income. 4. The level of saving in the economy is equal to the level of income times the marginal propensity to consume. 5. Partial equilibrium refers to the equilibrium level of GDP in the economy.

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Laws dealing with truth in advertising are examples of

a. consumer protection regulation. b. fair labor practices. c. safety and health regulation. d. environmental protection. e. None of these

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Evaluate:  (-4) × (-5)× (-5).

Fill in the blank(s) with the appropriate word(s).

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