An identified pollutant that is well understood by scientists is called
a. a toxic pollutant
b. a conventional pollutant
c. a nonconventional pollutant
d. none of the above
b. a conventional pollutant
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The following graph depicts demand. At point D, demand is:
A. unit elastic. B. perfectly price elastic. C. price elastic. D. price inelastic.
In the figure above, point B represents
A) a current account deficit. B) a current account surplus. C) a reduction in inventories. D) a temporary imbalance in the money markets.
Bond prices and bond yields have a(n) ______________ relationship.
A. direct B. inverse C. independent D. positive
It was once common for people to have servants who helped with the cooking and cleaning. Use the cost disease of the personal services dilemma to explain why these services have declined, even though one would expect an increased use in this age of the two-worker household.
What will be an ideal response?