Which of the following move the handling of a common property resource closest to efficiency?
A) ensuring that the sellers of the resource are perfectly competitive
B) ensuring that the seller of the resource is a monopolist
C) banning the sale of the resource
D) banning the use of the resource
E) assigning a usage fee for access to the resource
B
Economics
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Over the past 100 years real GDP per person in the United States, on average, has
A) decreased by about 5 percent per year. B) increased by about 2 percent per year. C) increased by about 5 percent per year. D) increased by about 10 percent per year.
Economics
How did the Great Depression affect economists' beliefs about the macroeconomy?
What will be an ideal response?
Economics