Production
What the acronym GDP stands for
What is Gross Domestic Product
The effect of a drought on the price and quantity of apples
What is a increase in price and a decrease in quantity
What is Social cost of Carbon
What is commodity money having intrinsic value
Most notable expansion in US history
What is World War II?
The difference between GDP deflator and CPI
What is GDP deflator not accounting for imported goods
What is an increase in quantity and an increase in price?
Whenever ____ is negative we value the future more than the present
What is the discount rate?
What is M1
The pollutant the EPA auctions off the right to emit
What is SO2
All the things GDP equals
What is GDP = Production = Expenditures = Income
The affect on price and quantity on pears when the price for apples increases (a substitute).
What is Price increases and Quantity increases
The 4 policy responses to Climate Change
What is doing nothing, negotiations, Unilateral intervention, and multilateral intervention
The formula for Nominal interest Rate
What is Nominal interest rate = IR + Real interest
What is 2.4-4 Billion Dollars?
What is determining final goods and services, exclusions of things not sold in markets, ignores depletion of natural resources?
The shift savings market whenever the government deficit increases
What is a decrease in supply
The extension of the Paris Agreement
What is the Doha Agreement
The three functions of money
What is Store of value, Medium of Exchange, and Unit of Account?
the US unemployment rate in July 2020
What is 10.2%?
What is nothing?
the affect on price and quantity for cars whenever steel becomes cheaper and public transportation becomes more available
What is a decrease in price and an ambiguous change in quantity
The location of COP 27
What is Sharm el Sheikh Egypt
The formula for Money supply in the USAD resource
What is C + (M-C)/R = Money Supply
Oil price per barrel in 1981
$31.77