Proper registration of new pesticides
a. is subject to EPA approval
b. generates a formal listing of a pesticide based on benefit-cost analysis
c. is independent of the pesticide labeling
d. cannot be denied if adverse environmental effects are linked to its widespread use
a. is subject to EPA approval
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In the above figure, at which point on the demand curve is the price elasticity of demand equal to 1?
A) a B) b C) c D) It is impossible to say at which point the elasticity equals one.
If living standards in a country, as measured by output per person, increase, then total output must have:
A. increased more rapidly than population increased. B. decreased more rapidly than population decreased. C. increased at the same rate that population increased. D. increased more slowly than population increased.
Based on the figure below. Starting from long-run equilibrium at point C, a tax increase that decreases aggregate demand from AD1 to AD will lead to a short-run equilibrium at point ________ and eventually to a long-run equilibrium at point ________, if left to self-correcting tendencies.
A. D; C B. D; B C. A; B D. B; C
How and why did Europe set up its single currency?
What will be an ideal response?