Stationary source emissions currently are controlled primarily by
a. performance-based limits
b. technology-based standards
c. the bubble policy
d. the OTC NOX Budget Program
b. technology-based standards
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Puts and calls are the choices available to participants in the
A) options market. B) futures market. C) swap market. D) stock market.
If the money multiplier is 3 and the Fed wants to increase the money supply by $900,000, it could
a. buy $300,000 worth of bonds. b. buy $225,000 worth of bonds. c. sell $300,000 worth of bonds. d. sell $225,000 worth of bonds.
An industry is in long-run competitive equilibrium. The price of a substitute good increases.
A. New firms will enter the market. B. Firms will begin earning economic profit. C. The product price will rise. D. a and b E. all of the above
One role government can play in addressing market failure is to:
A. enforce the rules of exchange. B. increase economic uncertainty. C. promote imperfect competition. D. facilitate decision making for private goods.