Increased concern about environmental problems derive partly from
a. concerns about increasing economic output.
b. concerns about unemployment and inflation.
c. new awareness that the problems exist.
d. concerns about the quality of life.
d
Economics
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Suppose firms in a perfectly competitive market are earning an economic profit. As new firms enter, the price ________ and the economic profit of each existing firm ________
A) rises; increases B) rises; decreases C) falls; increases D) falls; decreases
Economics
The value of money
a. remains constant during periods of inflation. b. varies inversely with the general price level. c. varies directly with the general price level. d. varies indirectly with output.
Economics