In macroeconomics, the long run refers to:
A. one year.
B. two years.
C. ten years.
D. None of these is true.
D. None of these is true.
Economics
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Figure 4-15
In , suppose a price floor is established at $20.00. What is the result?
a.
a shortage of 10 units
b.
a surplus of 10 units
c.
a shortage of 20 units
d.
a surplus of 20 units
e.
there is no change from the situation that exists at the equilibrium price
Economics
One example of the health damage that can be caused by pollution is
A. a greater incidence of asthma due to air pollution. B. the harm to agriculture. C. the reduction in enjoyment from damaged environmental amenities. D. damage to a functioning ecosystem.
Economics