The best available technology (BAT)
a. is the treatment technology that makes attaining the MCL feasible
b. has no relationship with the MCL or the MCLG
c. is the required technology that must be used by public water suppliers
d. is part of the secondary drinking water standards
a. is the treatment technology that makes attaining the MCL feasible
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Employees of brokerage firms that rely on forecasting future profits of firms in order to forecast future stock prices are called
A) rational analysts B) adaptive analysts C) technical analysts D) fundamental analysts
Some college students think that because a college degree greatly increases their earning potential there is no opportunity cost of attending college. How would an economist look at the matter?
A. There is no opportunity cost, assuming that future earnings actually increase as expected. B. The opportunity cost is much less than it would appear, assuming that earnings increase. C. Opportunity cost is a meaningless concept in this situation. D. The college students are completely correct in all respects. E. There is still an opportunity cost, even if it is justified by higher future earnings.
Sugarcane can be used to produce both granulated sugar and ethanol. Recent regulations in certain countries now permit a higher amount of ethanol to be added to gasoline. An economist would expect sugarcane prices to ____, and quantity sold to ____.
A. rise; rise. B. fall; fall. C. rise; fall. D. fall; remain the same.
In 1981, U.S. policy makers predicted a balanced budget as: a. the budget included a decrease in defense expenditures
b. the budget included an increase in the tax rate. c. the budget included an increase in unspecified government spending. d. the growth in GDP was expected to be large enough to lead to an increase in tax revenues despite the tax cut. e. the growth in GDP was expected to be small enough to require less government spending.