Which of the Following Is an Assumption of Neoclassical Economists

question 14

Multiple Choice

Which of the following is an assumption of neoclassical economists?

• A)Resources are limited and we should not waste them.
• B)Pollution control and economic growth are not interrelated.
• C)The potential for economic growth is essentially unlimited.
• D)Current economic models should be fine-tuned to help offset environmental damage.
• E)Producers and consumers should bear full responsibility for environmental damage.

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Definitions:

Congress

The legislative body of the United States government, consisting of two houses: the Senate and the House of Representatives, responsible for creating laws.

Desegregated Regiments

Military units in which members of different races are integrated, as opposed to segregated units which were racially divided.

Platt Amendment

An amendment to a U.S. Army appropriations bill in 1901, establishing the terms under which the United States would end its military occupation of Cuba and "guarantee" Cuban independence.

Military Occupation

The control and possession of a territory by a foreign military force.