The environmental problems of China:
a. were caused by a lack of central planning in the economy.
b. were caused by the burning of low-quality, high-sulfur coal.
c. were caused by a lack of pollution controls.
d. All of the above are correct.
d
Economics
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Which of the following illustrates the concept of external benefit?
A) Good weather increases the size of the wheat crop. B) A new pesticide increases the size of the wheat crop. C) A gardener enjoys his flowers. D) Neighbors enjoy a gardener's flowers.
Economics
If the Consumer Price Index was 125 in one year and 120 in the following year, then the rate of inflation is approximately:
A. 4.0 percent B. 4.2 percent C. -4.0 percent D. -4.2 percent
Economics