Which of the following environmental issues overflow national boundaries and so might be addressed multilaterally?
a. dams
b. the ozone layer
c. global warming
d. biodiversity loss
e. all of the above
E
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According to the factor price equalization theorem, the ________ factor should oppose free trade policies in any given country
A) abundant B) scarce C) neither D) Can't tell without more information
Which of the following would cause a decrease in the demand for fish?
A) The price of red meat increases. B) The price of fish increases. C) The price of chicken decreases. D) The number of fishing boats decreases.
Suppose a bank has $200,000 in deposits, a reserve ratio of 10 percent, and reserves of $45,000. This bank has excess reserves of:
A. $155,000. B. $25,000. C. $10,000. D. $5,000.
The two frameworks conventional economists generally use to analyze macroeconomic issues are the:
A. inflation and the unemployment frameworks. B. business cycle and the growth cycle frameworks. C. stagnationist and the Post-Keynesian frameworks. D. short-run and the long-run frameworks.