The Montreal Protocol

question 62

Multiple Choice

The Montreal Protocol:

• A) was only signed by 24 countries.
• B) was designed primarily to address the problem of global warming.
• C) will not create immediate, rapid drops in atmospheric CFC levels.
• D) was not adhered to by the United States.
• E) is generally considered a diplomatic disaster by most environmentalists.

Convert numbers between fraction, percentage, and decimal formats.

Understand and apply the concept of unit pricing.

Perform and understand the implications of rounding numbers.

Compare numerical values to determine which is greater or smaller.

---

Definitions:

Supply Curve

A graphical representation showing the relationship between the price of a good and the amount of it that producers are willing to supply.

Bond Rating Agencies

Independent firms that assess the creditworthiness of both debt securities and their issuers.

Restrictive Covenants

Clauses in contracts that restrict certain actions of the parties involved to protect business interests.

Default Risk

The likelihood that a borrower will be unable to make required debt payments.