According to the newly established GHG regulations, new or modified stationary sources of GHGs
a. would immediately face stringent emissions limits, regardless of their contribution to GHG emissions
b. would be subject to the New Source Review requirements
c. are required to eliminate all GHG emissions
d. none of the above
b. would be subject to the New Source Review requirements
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An indifference curve shows combinations of goods ________
A) which the consumer prefers equally B) that are affordable C) that are inside or on the budget line D) that have the same relative price
According to Baumol and Blinder, the lag between the time a policy is implemented and the time it affects aggregate demand is
a. longer for fiscal than monetary policy. b. longer for monetary than fiscal policy. c. approximately equal for both. d. influenced mainly by the size of the multiplier.
In order to achieve a high rating on the Economic Freedom of the World index, a country must
a. provide for the even-handed protection of private property and rely primarily on open markets and voluntary exchange to coordinate economic activity. b. use central planning to direct investment and resolve the three basic economic problems of what, how, and for whom goods will be produced. c. protect domestic businesses from foreign rivals who generally provide shoddy products. d. protect domestic workers from businesses that are unwilling to pay high wages and provide quality working conditions.
The supply of U.S. dollars in the foreign exchange market originates from
A. Demand for U.S. dollars for speculative purposes. B. American demand for imported goods. C. Demand by foreigners for U.S.-produced goods. D. Foreign investments in America.