Which of the following is the environmental approach found in the Clean Air Act of 1990?
A. Marketable pollution permits.
B. Price caps.
C. Command-and-control regulation.
D. EPA marginal social permits.
Answer: A
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A bank provides:
A. risk diversification; that is, connecting buyers and sellers to ease saving and borrowing. B. liquidity; that is, access to cash when and where you want it. C. liquidity; that is, it connects buyers to sellers to ease saving and borrowing. D. risk diversification; that is, access to cash when and where you want it.
Which of the following will reduce the supply of motorcycles?
A. An increase in the population age 16 to 35, the primary consumers of motorcycles. B. An increase in taxes imposed on motorcycle producers. C. A technological improvement reducing the production costs of motorcycles. D. A government study that reveals motorcycle riders, on average, live 10 years longer than those who don't ride motorcycles.
Recall the Application about the merger of Office Depot and Office Max to answer the following question(s).Recall the Application. In 2013, the Federal Trade Commission (FTC) ________ the merger of Office Depot and Office Max by concluding that it would not ________ competition in the retail office-supply market.
A. approved; decrease B. approved; increase C. denied; decrease D. denied; increase
Spending a lot on advertising is a credible signal because it:
A. persuades the consumer to perceive high quality of a product, even if it doesn't exist. B. conveys the firm's confidence in the high quality of their product. C. conveys the firm's confidence in its ability to convince the consumer to buy. D. None of these explains why advertising can be a credible signal.