The Great Depression really began in the second half of the year ________.

Economic depreciation is the

A) firm's opportunity cost of using its own capital. B) change in the market value of capital over a given period. C) return that an entrepreneur can expect to receive on average. D) forgone return on the funds used to buy capital.

Government allocation of pollution rights cannot be efficient if polluters cannot be easily identified and monitored

a. True b. False