Suppose the current stock of greenhouse gases in the atmosphere is 100 million tons, the stock dissipation rate is 0.02, and we will emit 4 million tons into the atmosphere this year

Suppose the price of chocolate chip cookies is $4.00 per pound and the price of a slice of cake is $2.00 per slice. The relative price of cookies in terms of cake is

A) $2.00 per cookie. B) $4.00 per cookie. C) 1/2 slice of cake per cookie. D) 2 slices of cake per cookie.

During the industrial revolution, the United States saw increases in the demand for labor and increases in the supply of labor. The increase in real wages rose during this period is consistent with which of the following statements?

A. The rightward shift in the labor demand curve was greater than the rightward shift of the labor supply curve. B. The rightward shift in the labor supply curve was greater than the rightward shift of the labor demand curve. C. The rightward shift in the labor demand curve was greater than the leftward shift of the labor supply curve. D. The leftward shift in the labor supply curve was greater than the rightward shift of the labor demand curve.