Adjustments to GDP to account for environmental impacts is
a. ecodevelopment
b. sustainable growth
c. externalities
d. environmental accounting
e. none of the above
D
Economics
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The market labor supply curve is usually __________ over the relevant range of market wage rates
a. positively sloped b. negatively sloped c. backward bending d. vertical e. horizontal
Economics
Opening trade between a nation that has "cheap labor" and one that has "expensive labor" will
a. lower the standard of living in both countries. b. raise the standard of living in both countries. c. make some workers less efficient. d. lead to an inappropriate allocation of resources.
Economics