The Clean Air Acts of 1970 and 1990 reduced pollution through
A. Privatization.
B. Emission charges.
C. Market incentives.
D. Command-and-control regulatory standards.
Answer: D
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During the winter, theme parks in Orlando close earlier than in the summer. The reason the theme parks close early during the winter is because during that season the marginal revenue from staying open later is ________ the marginal cost
A) greater than B) less than C) equal to D) zero compared to E) not comparable to
In recent years, the Federal Reserve has conducted policy by setting a target for
a. bank reserves. b. the monetary growth rate. c. the exchange rate. d. the federal funds rate.
A firm is operating at peak efficiency at the ________________.
Fill in the blank(s) with the appropriate word(s).
Related to the Economics in Practice on page 3: According to the Economics in Practice, due to the opportunity cost differential, one would expect ________ children at school when the rains have been plentiful in rural India, and ________ children at school when rural India is suffering from a drought.
A. fewer; more B. no; all C. the same number of; the same number of D. more; fewer