Charging firms that emit pollutants is one way to deal with pollution
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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In trade, if—due to technology—a nation can produce a good (such as Germany's production of snowboards) with fewest resources, it is known as a(n):
a. absolute advantage. b. technology advantage. c. comparative advantage. d. resource advantage.
Economics
If for a given year nominal GDP is $2,000 billion and real GDP is $1,500 billion, then the GDP price index is
A) 133. B) 1.33. C) 100. D) 0.75. E) 750.
Economics