Pollution
A) creates a negative externality.
B) is increased when property rights are defined.
C) is the result of capitalism.
D) exists because air and water are privately owned resources.
A
Economics
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The percentage change in per capita real GDP measures economic growth because it takes into account all of the following variables EXCEPT
A) the percentage change in population. B) the percentage change in nominal GDP. C) the percentage change in the quality of life. D) the percentage change in the inflation rates.
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The five competitive forces model was developed by
A) Michael Spence. B) John Nash. C) Porter Smith. D) Michael Porter.
Economics