Net exports represent the difference between exports and imports
Indicate whether the statement is true or false
True
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Answer the following statement(s) true (T) or false (F)
1. Nature’s capacity to convert matter and energy is limitless. 2. According to BMW Group, plastics are among the simplest materials to recycle. 3. Natural pollutants are those linked to human activity. 4. Chemical wastes associated with the manufacturer of solvents are anthropogenic pollutants. 5. An airplane is a point source of pollution.
What aspects of a game are specified by "the rules of the game"?
A) timing of players' moves B) payoffs C) information available to each player D) All of the above
The break-even quantity is
a. 1250 b. 625 c. 416.67 d. 500
How is a tariff different from a quota?
a. A tariff sets a limit on the quantity of a good that may be imported, while a quota is a tax on an import. b. A tariff and a quota are different words for the same thing. c. A tariff is a tax on an import, while a quota set a limit on the quantity of a good that may be imported. d. None of the above are correct.