The smaller the amount of short-term money invested in a country, the greater the potential for a crisis if investors lose confidence in the country

Ronald Coase is famous for the Coase Theorem, which is based on the premise that there is an economically efficient level of pollution reduction

Many economists believe that the tradable emissions allowance program that has been used to deal with the problem of acid rain has been successful in reducing emissions of sulfur dioxide in an economically efficient manner. Why isn't this program an example of the Coase Theorem?

Refer to Table 11-7. What is the marginal cost per unit of production when the firm produces 100 lanterns?

A) $420 B) $32 C) $11.1 D) $8.1