According to the textbook authors, pollution is a growing "social" problem because
A) only society, rather than individuals, pollutes.
B) pollution is inefficient.
C) pollution is economically efficient.
D) more people are beginning to question the moral and legal rights of polluters.
D
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If a government started with a budget deficit and moved to a surplus, domestic investment
a. and the real exchange rate would rise. b. and the real exchange rate would fall. c. would rise and the real exchange rate would fall. d. would fall and the real exchange rate would rise.
Which of the following is the most likely reason for a coffee seller to change the price of coffee from P1 to P2?
a. The demand for decaf coffee increased.
b. The coffee crop reached the expected yield.
c. Ideal weather created a high yield of coffee.
d. Insects reduced the coffee yield.