Less of an economy's resources will be channeled into building new factories and equipment when:
a. interest rates are high.
b. households decide to save more of their income.
c. firms are optimistic about their future profits.
d. aggregate income increases.
e. an economy has a trade deficit.
Question 2
From an economic viewpoint, the optimal amount of pollution:
a. is zero since all pollution imposes costs on society.
b. is that amount which firms create when they maximize economic profits by setting their marginal private costs equal to market price.
c. is that amount where the marginal social costs of producing a good precisely equals the price of the good.
d. b and c are correct.
Oxygen Equipment 1
Table 6.1 illustrates the main regime types and their differences. It breaks the regimes into four
Equipment and supplies used during a physical examination.
Demonstrating the use of venipuncture equipment. Vacutainer or vacuum-assisted phlebotomy.
Always connect an exhaust hose to the tailpipe of a vehicle to be run inside a building.
Links to the World Economy