While it says this question is worth 0 points, it is actuall…

While it says this question is worth 0 points, it is actually worth 1 point. Silent Spring, a book describing the effects of persistent pesticides (including organochlorines such as DDT) on the environment, especially on birds of prey and other wild avian species, was written by:

Suppose the absolute price of good X is $10 and the absolute…

Suppose the absolute price of good X is $10 and the absolute price of good Y is $5. A tax is placed on the purchase of good Y only and not another good X. The tax effectively raises the consumer’s pay for good Y from $5 to $10. Now, the relative price of one unit of good Y is ________(write a number) units of a good X.  *Hint: therefore, the tax makes good Y relatively more expensive and makes good X relatively cheaper.

A economist in this (1)_________ field would be concerned ab…

A economist in this (1)_________ field would be concerned about questions that impact the whole economy such as, “How will the proposed tax cut affect unemployment, inflation and economic growth?” A economist in this (2)_________ field would ask questions that relate to the various parts that make up the economy such as, “How will the drought impact the price of corn?”