By the year 2100, global warming may lead to
a. shifts in world rain patterns.
b. disruption of agriculture.
c. expanded deserts.
d. coastal inundation.
e. all of the above
e
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In Figure 5-19, the consumer experiences at point C
A. greater total utility than at point D. B. greater total utility than at point E. C. less total utility than at point D. D. total utility equal to that experienced at point D.
The minimum-leverage-ratio approach to capital adequacy requirements
A) has been dominant since the 1930s. B) was phased out in the 1990s. C) was adopted in the 1990s. D) has never been implemented.
Karl can produce either 10 tons of oranges or 5 tons of apples in a year, while Adam can produce either 5 tons of oranges or 10 tons of apples. Which of the following is true? a. Mutually beneficial trade between Karl and Adam could take place at an exchange rate of 1 ton of apples to 1 1/2 ton of oranges. b. Mutually beneficial trade between Karl and Adam could take place at an exchange rate
of 1 ton of oranges to 1 1/2 ton of apples. c. both a. and b. are true. d. neither a. nor b. are true.
The duration of an unemployment spell is a measure of the:
A. length of time a spell of unemployment lasts. B. number of workers unemployed during a specific period of time. C. income lost while unemployed. D. number of times during a year a worker becomes unemployed.