Is an increase in GDP good for America?
A. Yes
B. No
C. Maybe
Ans: C. Maybe
Economics
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In the case of global pollution, the Nash equilibrium shows that if one nation does not regulate its pollution, other nations:
a. will have to regulate even more strictly. b. will not regulate either because of international price competition. c. will regulate but will bring charges in the WTO against the other . d. will regulate, so they will not harm their own citizens.
Economics
A nations capital stock was valued at $500 billion at the start of the year and $575 billion at the end. Consumption of private fixed capital in the year was $35 billion. Assuming stable prices, net investment was:
A. $35 billion B. $40 billion C. $45 billion D. $75 billion
Economics