Which of the following did not help account for the recent decline in the growth of trash-to-energy plants?
a. a decline in energy prices
b. less favorable tax treatment
c. a decline in the amount of garbage per capita
d. the 1986 tax reform act
e. environmental concerns over sites for the plants
C
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Which of the following does purchasing-power parity imply?
a. the foreign price level times the nominal exchange rate (given as amount of foreign currency per dollar) equals the U.S. price level. b. The price of domestic goods relative to foreign goods cannot change. c. The nominal exchange rate is the ratio of foreign prices to U.S. prices. d. All of the above are correct.
The economy is in long-run equilibrium when:
What will be an ideal response?
Economists no longer attack industry concentration with the same fervor they once did because
A. small firms do the most research in the United States. B. the benefits of product differentiation and product competition are illusory. C. substantial economies of scale result in completely competitive market structures. D. even firms in highly concentrated industries can be pushed to produce efficiently under certain market circumstances.
Refer to the figure below. 
When Row Resorts and Column Cruises both play their dominant strategy:
A. Row Resorts earns a higher profit than does Column Cruises. B. both firms do better than if they had both played their dominated strategy. C. Column Cruises earns a higher profit than does Row Resorts. D. both firms do worse than if they had both played their dominated strategy.