Secondary workers are often decisive in keeping a family out of poverty
Indicate whether the statement is true or false
T
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In Portney's analysis of the 1990 Clean Air Act Amendments (CAAA), his estimates suggest that
a. more resources should be allocated to air quality control b. the associated MSB exceed the MSC c. society would be better off with less regulation of air quality d. the TSC outweigh the TSB
A substitution effect of a price change is represented by:
A) movement along the same indifference curve. B) movement to a different indifference curve. C) a change in the initial budget line to a new budget line. D) a change in the slope of the initial budget line.
Which of the following is a condition that helps enforce a cartel agreement?
A) a large number of firms B) relatively differentiated products C) easily observable prices D) large variation in prices
Which of the following compose the reserves of a commercial bank?
a. checkable deposits and time deposits b. vault cash and deposits of the bank with the Federal Reserve c. U.S. securities and stock equity d. cash and U.S. securities