Which of the following helps explain why pesticides account for much of the water pollution in the United States?
a. Pesticide regulations were repealed during the Reagan administration.
b. Pesticide regulations are often administered by state environmental protection agencies, not the federal Environmental Protection Agency.
c. Pesticide regulations are administered by the federal Environmental Protection Agency, not by state agencies.
d. Pesticide regulations are often administered by state agricultural departments rather than environmental protection agencies.
e. Pesticide regulations are often administered by state environmental protection agencies rather than agricultural departments.
D
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Microeconomics, as opposed to macroeconomics, includes the study of what determines the
A) unemployment rate in the United States. B) profitability of the airline industry. C) size of the federal deficit. D) rise or fall of the inflation rate.
A private auction is an auction in which
A) individuals know their own value of the good and everyone else's valuation, too. B) individuals have their own valuation of the good but don't know everyone else's. C) many auctions are auctioned off at the same time. D) only one good is auctioned off.
If MUa/Pa is greater than MUb/Pb, and the consumer is consuming both goods, the consumer is not maximizing utility. True or false. Explain
What will be an ideal response?
Which of the following is an advantage of fixing exchange rates?
A) limiting foreign exchange risk B) making residents more mobile across countries C) eliminating trade deficits D) making the prices of foreign goods more flexible in the domestic market