According to the text, which of the following is a form of water pollution?
A. Smog.
B. Thermal pollution.
C. Slaughter waste.
D. The greenhouse effect.
Answer: B
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If the U.S. dollar was worth 0.8 euros, and the dollar appreciated, it might now be worth:
A. 0.7 euros. B. 0.9 euros. C. 0.8 euros. D. None of these statements is possible.
The headline in the newspaper reads "County Supervisors Debate Building New Schools." The headline relates closest to which economic concept?
A) goods and bads B) utility C) choice D) efficiency
Given a nominal interest rate of 8 percent, in which of the following cases would you earn the highest after-tax real interest rate?
a. Inflation is 5 percent; the tax rate is 40 percent. b. Inflation is 4 percent; the tax rate is 30 percent. c. Inflation is 3 percent; the tax rate is 45 percent. d. Inflation is 2 percent; the tax rate is 50 percent.
Which statement is true?
A. Because of their large populations, India and China have relatively high per capita GDPs. B. The only way to industrialize is to build up capital in the form of new plant and equipment. C. The NICs have the highest per capita GDPs in the world. D. We find GDP per capita by dividing GDP into population.