In a recession ?

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The government levying taxes on polluters or charging a surcharge for pesticide use are ?

A. examples of Coase’s theorem B. internalization of negative spillover effects C. marginal abatement cost D. examples of a free rider...

Which of the following country has 25 percent of the world’s estimated oil reserves and the lowest cost production as well as a dominant role in OPEC pricing ?

A. Russia B. Saudi Arabia C. Iraq D. Venezuela...

GDP would include which of the following ?

A. the value of taking a day off from work B. consulting services C. intermediate sales D. illegal drug sales E. housework...

If Pakistan’s GDP exceeds Pakistan’s GNP, then ?

A. intermediate production exceeds final production B. foreigners are producing more in the Pakistan then Pakistanis are producing in foreign countries C. real GNP exceeds nominal GNP D. real GDP exceeds nominal GDP...

The standard of living is often measured by ?

A. Real GDP per capita B. Real GDP C. Real GDP population D. Real GDP plus depreciation...