The major goal of the Pesticide Environmental Stewardship Program (PESP) is
a. to control pesticide use
b. to determine which pesticides must be banned
c. to achieve pollution prevention by reducing the use of pesticides
d. to accelerate the pesticide registration and reregistration processes
c. to achieve pollution prevention by reducing the use of pesticides
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Starting from long-run equilibrium, an increase in autonomous investment results in ________ output in the short run and ________ output in the long run.
A. lower; potential B. higher; higher C. lower; higher D. higher; potential
Use the data in the table below to answer the next question. The data describes a hypothetical economy and are denominated in billions of dollars.Disposable income$200Net private domestic investment40Value of imports15National income300Personal taxes31Net exports9Gross private domestic investment55Net foreign factor income10Statistical discrepancy0This nation's exports are ________.
A. $16 billion B. $24 billion C. $9 billion D. $28 billion
If the wage rate is $5 per hour, regardless of how many laborers are employed, the
a. labor supply curve is horizontal b. labor supply curve is upward sloping c. MPP must be constant d. labor supply will increase at an increasing rate e. labor supply will increase at a decreasing rate
The following linear demand specification is estimated for Conlan Enterprises, a price-setting firm:Q = a + bP +cM +dPRwhere Q is the quantity demanded of the product Conlan Enterprises sells, P is the price of that product, M is income, and PR is the price of a related product. The results of the estimation are presented below:Given the above, at the 1% level of significance, the critical value of the t-statistic used by Conlan to test for statistical significance has ________ degrees of freedom and is equal to ________.
A. 32; 36.14 B. 30; 2.750 C. 32; 4.57 D. 32; 0.7984 E. 28; 2.763