Economists believe that the optimal level of pollution is zero
a. True
b. False
Indicate whether the statement is true or false
False
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Carefully explain some of the similar problems faced by otherwise diverse countries in Africa, Asia, and Latin America
What will be an ideal response?
If the Fed purchases $1 million worth of securities and the required reserve ratio is 8%, by how much will deposits increase (assuming no change in excess reserves or the public's currency holdings)?
A) rise by $1 million B) decline by $1 million C) rise by $8 million D) rise by $12.5 million
The features of the M-Form of firm organization are
a. divisions can respond more easily to change b. it is difficult to maintain customer relationships c. coordination across divisions is simple and does not take much management time d. evaluating employees is easier because managers typically are similarly trained
In the income-expenditure model, at equilibrium GDP
A. either unemployment or inflation may occur. B. inflation can occur but unemployment cannot. C. unemployment can occur but inflation cannot. D. both unemployment and inflation are impossible.