Answer the following statement(s) true (T) or false (F)
1. The reported Air Quality Index (AQI)uses data from the EPA’s monitoring of metropolitan statistical areas.
2. The Air Quality Index (AQI) is formed from concentration data collected from a monitoring network that measures hazardous air pollutants.
3. Photochemical smog is caused by a chemical reaction involving criteria pollutants in the presence of sunlight.
4. Among all identified transportation sources, off highway vehicle emissions are the largest contributors to the formation of photochemical smog.
5. Title II of the Clean Air Act Amendments of 1990 strengthened regulations on motor vehicle emissions and fuels.
1. True
2. False
3. True
4. False
5. True
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The strategic argument for protectionism holds that a nation may sometimes have to threaten protectionism to induce other countries to drop their own protectionist measures.
Answer the following statement true (T) or false (F)
The HPAE have been more open to imports than most developing countries
Indicate whether the statement is true or false
When the potential threat of new entrants serves to moderate prices in highly concentrated industries, this is called
a. monopoly power b. barriers to entry c. price discrimination d. contestable markets e. nationalization
Which of the following is not a component of gross domestic product?
A. purchases by consumers of finished goods B. purchases by consumers of used goods C. government purchases D. net exports