Among the three major goals defined in the Clean Water Act are the
a. fishable-boatable goal
b. use designation goal
c. no toxics in toxic amounts goal
d. no ocean dumping goal
c. no toxics in toxic amounts goal
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American companies can borrow funds
A) only in U.S. financial markets. B) only in foreign financial markets. C) in both U.S. and foreign financial markets. D) only from the U.S. government.
The requirement that all drivers must carry auto insurance reduces
A) moral hazard. B) the effectiveness of signaling. C) adverse selection. D) the chance of auto accidents.
If the rate of inflation overseas falls relative to the rate of inflation in the United States, U.S. net exports will tend to ____, causing the exchange value of the U.S. dollar to ____
a. rise; rise b. rise; fall c. fall; rise d. fall; fall
Why do most people choose to specialize in a narrow set of skills for their work, rather than to learn a little bit about several varied fields of endeavor?
A. They are unaware of how much better off they would be if they diversified their skills. B. They feel that doing so will minimize their chances of being unemployed. C. They don't correctly perceive the costs of being so specialized. D. It allows them to earn more income by being more productive.