National saving minus private saving is equal to
A) the government surplus.
B) private disposable income.
C) the current account deficit.
D) interest on the government debt.
A
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In stores, it is common to find seasonal products marked down when the season ends. What explains this behavior?
A) The store is trying to increase its customers' demand for the product. B) The store manager must be trying to drive away customers by selling low quality products. C) The store is trying to sell the goods and realizes that they are substitutes for other goods whose prices have risen. D) The law of demand is being used to increase the quantity demanded. E) The store is trying to increase its consumers' incomes by increasing their purchasing power.
Describe some of the key controversies regarding global cotton trade between high cost and low cost cotton producers
What will be an ideal response?
Suppose the current stock of greenhouse gases in the atmosphere is 100 million tons, the stock dissipation rate is 0.02, and we will emit 4 million tons into the atmosphere this year
What is the stock level of greenhouse gases expected to be for next year? A) 98 million tons B) 100 million tons C) 102 million tons D) 104 million tons
As a result of establishing a legal minimum wage above the market clearing wage
A) there will be a shortage of workers. B) firms will hire fewer workers. C) firms will hire more workers. D) fewer workers will want to work.