Which of the following is a negative effect of economic growth?
A) higher inflation B) environmental pollution
C) higher unemployment D) all of the above
B
Economics
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If the inflation rate is 6% and the real interest rate is 4%, then the nominal interest rate is around
A. -2%. B. 10%. C. 2%. D. 6%.
Economics
If the social costs of refining oil are greater than the private costs of oil refining, then
A. users of products that use refined oil are paying too much for the products. B. the amount of oil refining needs to increase in order to bring social costs and private costs in line with each other. C. the external costs of oil refining are greater than the social costs of oil refining. D. there is too much oil refining.
Economics