Which of the following is a public good?

a. railroads
b. genetic diversity
c. a space station
d. military aircraft
e. commercial aircraft


B

Economics

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If the price of inputs rises and foreign income rises:

a. Price index falls, and real GDP rises. b. Price index falls, and real GDP falls. c. Price index falls, and the change in real GDP is uncertain. d. Price index rises, and the change in real GDP is uncertain. e. The change in price index is uncertain, and real GDP falls.

Economics

Refer to the information provided in Table 33.1 below to answer the question(s) that follow. Table 33.1Refer to Table 33.1. Guatemala has

A. an absolute advantage in banana production. B. a comparative advantage in orange production. C. a comparative advantage in banana production. D. an absolute advantage in orange production.

Economics

In a private placement, a(n) __________ and __________ are sent to prospective investors

A) offering memorandum, term sheet B) registration statement, term sheet C) registration statement, offering prospectus D) offering memorandum, offering prospectus

Economics

Suppose the National Bank has total cash reserves of $2,000 and has $5,000 in total deposits. If its total excess reserves are $1,250, then the reserve requirement is equal to:

a. 25 percent. b. 15 percent. c. 10 percent. d. 5 percent. e. 20 percent.

Economics