The Clean Air Act of 1970, which was the command-and-control approach that the government used to reduce the amount of carbon monoxide produced by automobiles, was
A. unsuccessful in reducing the amount of carbon monoxide.
B. very flexible in allowing polluters to respond in different ways.
C. the least costly way to reduce the amount of carbon monoxide in the air.
D. successful in dramatically cutting the amount of carbon monoxide in the air.
Answer: D
You might also like to view...
Prudential regulation ________
A) requires that banks maintain the confidentiality of loan applications B) is administered by a specific insurance company C) is necessitated by the government's safety net for the banking system D) is an effective substitute for prudential supervision
Your 65-year-old father is going to retire next year. He would like to have an income of $20,000 per year for the remainder of his life
If he is expected to live for ten more years, write an algebraic expression to indicate the amount of money he needs today to pay him this sum of money if the interest rate is 10 percent.
According to William Shepherd's examination of competitive trends in the U.S. economy, a market is effectively competitive if
a. the top four firms supply more than 60 percent of the market, have stable market shares, and cooperate with each other b. the top four firms supply more than 60 percent of the market, have stable market shares, and compete with each other c. the industry exhibits low concentration, few barriers to entry, and little or no collusion d. the industry exhibits low concentration and little or no collusion, despite significant barriers to entry e. the dominant firm has two close rivals
The economic problem is the study of
a) consumption decisions. b) production technology. c) how society decides what, how and for whom to produce. d) the best way to run society.