Answer the following statement(s) true (T) or false (F)
1. According to the Clean Air Act, the newly GHG emissions standards on mobile sources triggered regulatory requirements for stationary sources.
2. Under a bubble policy, a facility is allowed to measure its emissions as an average of all releases from that facility.
3. The Acid Rain Program (ARP) was defined in Title II of the Clean Air Act Amendments of 1990.
4. Under the Acid Rain Program (ARP) as initially outlined in the CAAA of 1990, a cap-and-trade allowance program was established for both SO2 and NOX.
5. Under the cap-and-trade program established under Title IV of the Clean Air Act Amendments of 1990, a permanent annual cap for SO2 was set and tradeable SO2 allowances were issued to stationary sources.
1. True
2. True
3. False
4. False
5. True
You might also like to view...
Your Uncle Harry gives you stock in Samsung for your birthday. The stock is an example of:
A. foreign direct investment. B. foreign portfolio investment. C. importing. D. exporting.
The IMF offers loans to developing countries in times of balance of payment constraints, but the IMF also faces strong criticisms because:
A. contractionary fiscal policy and expansionary monetary policy tend to be ineffective against balance of payment constraints. B. contractionary fiscal and monetary policies are always undesirable for any developing country. C. it employs economists that know little about developing countries and their economic affairs. D. the conditions tend to be procyclical, therefore worsening the recessions.
When the Fed buys government securities in the open market, it:
A. Decreases the excess reserves of the banking system, reducing excess reserves for overnight loan in the Federal funds market, thus lowering the Federal funds rate B. Increases the excess reserves of the banking system, reducing excess reserves for overnight loan in the Federal funds market, thus lowering the Federal funds rate C. Decreases the excess reserves of the banking system, reducing excess reserves for overnight loan in the Federal funds market, thus increasing the Federal funds rate D. Increases the excess reserves of the banking system, raising excess reserves for overnight loan in the Federal funds market, thus lowering the Federal funds rate
Suppose that video game discs are a normal good. If the income of video game players increases, you predict that in the market for video games,
A. equilibrium price will increase, and quantity will decrease. B. both equilibrium price and quantity will fall. C. both equilibrium price and quantity will increase. D. equilibrium price will fall, but quantity will increase.