Finite resources can be
a. renewable or nonrenewable
b. only nonrenewable
c. only renewable
d. neither renewable nor nonrenewable
e. insatiable
A
Economics
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Refer to Table 4-7. If a minimum wage of $11.50 is mandated there will be a
A) shortage of 40,000 units of labor. B) surplus of 20,000 units of labor. C) surplus of 40,000 units of labor. D) shortage of 20,000 units of labor.
Economics
The HPAE "economic miracle" illustrates a clear case in which
A) exports and growth were positively related. B) exports were promoted by successful economic growth. C) economic growth was determined by successful export promotion. D) trade policy dominated other considerations in promoting economic growth. E) import substitution enhanced economic development.
Economics