Which of the following is true of the emission charges approach?

A) The emission charges approach is simply to charge the polluter a variable fee based on every unit of pollutant discharged.
B) The firms paying the charges will continue to emit pollutants that will be easy to clean up with the fees collected.
C) Due to the value of the charge, this approach prevents pollution in the first place.
D) It is difficult to monitor every discharge of the pollutant and calculate the amount for each unit of the various pollutants.


D

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Suppose, the U.S. has domestic savings of $10 billion, a government budget deficit of $250 billion, net exports of ?$400 billion, and net income from abroad and net unilateral transfers of $0. Based on these figures, the amount of net foreign investment is $____ billion.

A. 260 B. ?140 C. ?260 D. ?400

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An automobile engine is about 20 to 30% efficient in converting chemical energy to mechanical energy. Cells are about 39% efficient in the transformation of glucose to ATP. The rest of the energy is lost as heat. This is illustrative of the

A. first law of thermodynamics. B. second law of thermodynamics. C. third law of thermodynamics. D. the cell theory.

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Linda agrees to buy Missy's Greyhound race dog for $2,000 . Linda is to deliver the money and take possession of the dog the next morning. That night, running his best race ever, the dog runs away from Missy, never to be seen again. What will be the outcome in this case?

a. Linda must give $2000 for the dog, but only if the dog was insured. b. Linda must give $2000 for the dog, but only if Missy can find a replacement dog within a reasonable time. c. Missy must find another dog for Linda or pay her $2000. d. Linda does not have to pay for the dog; the contract duties are discharged.

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Which of the following statements is true?

A) Accounts receivable are more liquid than cash. B) Notes receivable are always classified as current assets. C) Notes receivable usually have longer collection terms than accounts receivable. D) Accounts receivable are liabilities.

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