The Food Quality Protection Act of 1996
a. amended both TSCA and FIFRA
b. gives particular attention to pesticide risks faced by infants and children
c. establishes several health-based standards to control pesticides in foods
d. none of the above
b. gives particular attention to pesticide risks faced by infants and children
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Which of the following summarizes the impact of population growth on the labor market?
A) This will increase the labor supply, reduce the equilibrium wage and increase the quantity of labor demanded. B) There will be an increase in both the demand for labor and the supply of labor. As a result, the equilibrium wage will not change. C) There will be an increase in the demand for labor. As a result, the wage rate will rise and the quantity of workers supplied will decrease. D) There will be an increase in the demand for jobs. This will result in an increase in the equilibrium wage rate and a movement along the labor supply curve.
Conflicts of interest may arise within the credit rating agencies because
A) the investors pay the credit agencies for ratings. B) the issuers of debt securities pay the credit agencies for ratings. C) the credit rating agencies provide auditing services to issuers of debt securities. D) the credit rating agencies are involved in offering credit counseling to investors.
A purchase of U.S. government securities by the Fed causes
A) an expansion of the money supply equal to the amount of the securities purchased. B) a contraction of the money supply equal to the amount of the securities purchased. C) an expansion of the money supply of more than the amount of the securities purchased. D) a contraction of the money supply of more than the amount of the securities purchased.
Figure 10-1
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If the profit-maximizing firm depicted in Figure 10-1 is perfectly competitive, how much output should it produce?
A. A B. B C. C D. D