Externality arises when a car causes air pollution
a. True
b. False
Indicate whether the statement is true or false
True
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The period for which the Consumer Price Index is defined to equal 100 is called the
A) base period. B) starting point. C) beginning period. D) zero period. E) reference base period.
A small country is an international borrower if its real interest rate without foreign borrowing is ________ the world real interest rate
A) higher than B) equal to C) lower than D) not comparable to
A trigger strategy can be used in
A) a single-play game or a repeated game. B) a single-play game but not a repeated game. C) a repeated game but not a single-play game. D) neither a single-play game nor a repeated game.
For the first time since the Civil War (1861–65), laborers were forced into active military service during World War I (1914–18)
Indicate whether the statement is true or false