A totally pollution free environment should be a primary social goal
a. True
b. False
Indicate whether the statement is true or false
False
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Consider the production possibilities frontier displayed in the figure shown. The opportunity cost of one watermelon is:
A. 10 bushels of apples.
B. 20 bushels of apples.
C. 30 bushels of apples.
D. 40 bushels of apples.
Most economic activity in the United States is carried out by monopolies.
Answer the following statement true (T) or false (F)
________ markets transfer funds from people who have an excess of available funds to people who have a shortage
A) Commodity B) Fund-available C) Financial D) Derivative exchange
Capital account transactions occur
A) when an U.S. company purchases goods from a foreign company. B) because of cross-border flows of financial assets. C) when you move money from one U.S. bank to another U.S. bank. D) when an U.S. citizen purchases stock in an U.S. corporation.