One way to get a government contractor to consider life-cycle costs is to _____
a. use a cost plus incentive fee contract
b. use a cost plus fixed fee contract
c. use a fixed fee plus contract
d. also write a maintenance contract with the contractor
d
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Answer the following statement(s) true (T) or false (F)
1. Over 180 hazardous air pollutants are controlled by the Clean Air Act. 2. Stationary sources are those arising at a fixed site, such as power plants or factories. 3. In the United States, the set of standards for criteria pollutants are called the NESHAP. 4. Primary NAAQS are intended to protect public welfare. 5. According to the textbook application, air quality standards in the United Kingdom are identical to those in the United States.
A public good is:
A. rival in consumption and excludable. B. not rival in consumption and not excludable. C. not rival in consumption, but excludable. D. rival in consumption, but not excludable.
According to the theory of rational expectations, the government can influence output
A. with appropriate fiscal and monetary policy. B. in the short run, but not in the long run. C. without affecting the price level. D. only by making unexpected changes in aggregate demand.
If supply increases and the price doesn't change, there will be
A. a surplus. B. neither a shortage nor a surplus. C. both a shortage and a surplus. D. a shortage.