Modern economic growth is defined as increases in real gdp over time.

a. True

b. False

Problems and applications q7 for any given demand curve for the right to pollute, the government can achieve the same outcome either by setting a price with a corrective tax or by setting a quantity with pollution permits.

Use the IS-LM graphs to answer this question. Suppose there is a simultaneous increase in government spending and reduction in the money supply. Explain what effect this particular policy mix will have on output and the interest rate.

True or False: Victoria's Secret, with its low-priced holiday discounts, exemplifies a firm pursuing cost-leadership; while Wal-Mart, with its vast mix of products, exemplifies a firm pursuing a differentiation strategy. True False

Alaboratory scale is known to have a standard deviation of σ = 0.001 gram in repeated weighings. Scale readings in repeated weighings are Normally distributed, with mean equal to the true weight of the specimen.

The marketing concept is a philosophy that a business organization should employ to satisfy customers' needs while achieving the overall goals of the organization. A) TrueB) False

You spend $5 on materials to make a scarf. You think you have added $10 of value, so you set the price to $15. Nobody buys the scarf at that price, so you lower the price to $12, and someone buys it.

Katie needed to take out three loans. a) First, she paid $596.24 in interest on a nine-month loan for which the rate was 11%. How much money did she borrow? b) A year later, Katie borrowed $10,000 for three months.

During the year, total liabilities increased $105,000 and stockholders' equity decreased $83,000. What is the amount of total assets at the end of the year?

What is cosideration

With the federal funds rate near zero and the economy still struggling, the Fed began buying 10-year Treasury notes and certain mortgage-backed securities to keep interest rates low. This policy is known as