Municipal solid waste (MSW)
a. refers to the collection of hazardous and toxic wastes disposed of in local communities
b. can cause problems if improperly managed
c. poses no health or ecological risks to society
d. is a problem only in developing countries
b. can cause problems if improperly managed
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The short run is a period of time during which:
a. there is an expansionary gap that cannot be corrected using the passive approach. b. actual output equals potential output c. there is a recessionary gap that cannot be corrected through discretionary policy. d. resource buyers and sellers cannot adjust fully to changes in the price level. e. resource buyers and sellers can adjust fully to changes in the price level.
What happened to the peso when the Argentine government succumbed to the market forces in 2002?
a. Revalued b. Devalued c. Depreciated d. Appreciated
Randomized controlled trials cannot:
A. provide strong support that a program proven effective in one place can be duplicated in another or that its effectiveness would be maintained over time. B. evaluate the impact of all programs or policies on development. C. help explain why a particular program succeeded. D. All of these statements are true.
Suppose a bumper wheat crop results in a 40 percent increase in output and sales, while the price elasticity of demand for wheat is about 0.8. Ceteris paribus, prices should
A. Rise by 8 percent. B. Rise by 50 percent. C. Fall by 8 percent. D. Fall by 50 percent.