The term after the bell means after the closing of the stock market.
Answer the following statement true (T) or false (F)
True
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Congress passed the Clean Air Act in 1970. Since this act was passed, emissions of the six main air pollutants
A) have increased significantly due to the growth of the U.S. economy. B) cannot be measured since Congress failed to appropriate money to monitor the level of emissions. C) have fallen by more than one-half. D) have remained essentially constant, even though significant economic growth has occurred in the United States since 1970.
Aggregate supply grows over time because of growing consumer and government spending
a. True b. False Indicate whether the statement is true or false
The inflation rate is calculated
a. by determining the change in the price index from the preceding period. b. by adding up the price increases of all goods and services. c. by computing a simple average of the price increases for all goods and services. d. by determining the percentage increase in the price index from the preceding period.
Studies show that as real income has been rising in the United States, the per-capita demand for food has been increasing by
A) much less, which means the demand for food is income inelastic. B) much more, which means the demand for food is income elastic. C) much more, which means the demand for food is income inelastic. D) as much, which means the demand for food is unit elastic. E) none of the above