Martha lives near a paper mill. If she is concerned about the effects of the air pollution from the plant, she should contact which regulatory agency?
A. Consumer Product Safety Commission (CPSC)
B. Environmental Protection Agency (EPA)
C. Food and Drug Administration (FDA)
D. Occupational Safety and Health Administration (OSHA)
Answer: B
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Which of the following creates difficulties in making comparisons of real GDP across nations?
A) Each nation has a different population. B) Relative prices differ sharply across countries. C) Nations produce different goods and services. D) Nations often have different languages.
Suppose the government decides to decrease the amount of investment spending that firms are allowed to depreciate for tax purposes from 50% to 25%, effective next year
What effect should this change have on the desired capital stock and the level of investment spending next year? Use a graph to explain your answer.
Entrepreneurs seek accounting profit
Indicate whether the statement is true or false
The Robinson-Patman Act amended and further refined which of the following laws?
a. the Sherman Antitrust Act b. the Cellar-Kefauver Act c. the Clayton Act d. the FTC Act e. the Herfindahl-Hirschman Act