Cruise ship pollution-an economic problem
This exercise inspects why ‘greywater’ dumped from cruise ships can be vision as an economic difficulty and the complexities of dealing with this.
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Appreciating why pollution is an economic trouble and building an understanding of markets, incentives and the market failure.
The supply of loanable funds varies positively along with the: (w) willingness of people to defer consumption into the future. (x) profitability and productivity of new capital investments. (y) price of the output which new capital will produce. (z) f
Before the national welfare reform of 1996s, where Aid to Families with Dependent Children [AFDC]: (w) was the principal government program intended to alleviate poverty. (x) was exempt from any form of taxation. (y) generated pressur
Which kind of revenue receipts are considered as legally compulsory payment imposed on people by the government? Give illustration also. Answer: Taxes imposed on th
When the government obliged a ceiling price of P0 on papayas, the market scarcity would correspond to line: (1) ab. (2) cd. (3) ac. (4) bd. (5) ae. Q : Can GDP be more than GNP Can GDP be Can GDP be more than GNP? Answer: Yes, GDP can be greater or more than GNP if NFIA is negative.
Can GDP be more than GNP? Answer: Yes, GDP can be greater or more than GNP if NFIA is negative.
Brands of ready-to-eat cereal by Kellogg, Post, General Mills and Quaker [for example Frosted Flakes, Raisin Bran and Cheerios] account for more 85 percent of all breakfast cereals sold. Here the ready-to-eat cereal industry is an illustration of: (w)
Differentiate between planned and actual saving and investment. Answer: There is a big difference between (a) planned S and I and (b) Actual saving and investment.<
The economic good becomes an economic bad whenever consumption is expanded into an area where: (1) Sellers experience the moral hazard. (2) Marginal returns are diminishing. (3) Marginal utility is negative. (4) Buyers suffer from adverse choice. (5) Extreme cho
A nondiscriminating monopolist's equilibrium output is inconsistent along with: (w) marginal revenue equals marginal cost [MR = MC]. (x) price equal to marginal costs [P = MC]. (y) price exceeding average variable costs [P > AVC]. (z) price exceedi
According to the requirements standard of income distribution: (w) marginal productivity is easily measured. (x) people’s needs are proportional to their marginal products. (y) income must be distributed in proportion to people’s needs. (z
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