Which of the following statements is INCORRECT?
a. The Oil Pollution Act (OPA) was enacted in response to the BP Deepwater Horizon spill.
b. The Ocean Dumping Act ends dumping of sewage sludge and industrial waste.
c. The Great Lakes Legacy Act provides federal funding to address contamination of the Great Lakes
d. Included in the Water Quality Act of 1987 were requirements for states to establish nonpoint source pollution program
a. The Oil Pollution Act (OPA) was enacted in response to the BP Deepwater Horizon spill.
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An increase in the price of MP3 players will result in
A) a smaller quantity of MP3 players supplied. B) an increase in the supply of MP3 players. C) a decrease in the demand for MP3 players. D) a larger quantity of MP3 players supplied.
The Fed generally intervenes very actively in specific asset markets in all kinds of circumstances
a. True b. False
Because of the American national debt, future Americans will be burdened by heavy interest payments which will necessitate higher taxes
a. True b. False Indicate whether the statement is true or false
Which of the following helps explain the problem of disappearing political discourse?
A. Moral hazard B. The lemons model C. Statistical discrimination D. Adverse selection