In the U.S., the two components of the receiving water quality standards are
a. the BAT and the BCT
b. use-support status and effluent limitations
c. the use designation and water quality criteria
d. the zero discharge goal and the NPDES
c. the use designation and water quality criteria
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The above table gives data for the nation of Mojo. At what level of real GDP is the economy at equilibrium expenditure?
A) $3.0 trillion B) $9.0 trillion C) more than $12.0 trillion. D) $6.0 trillion E) $12.0 trillion
The above figure shows a consumer's indifference curves for soda and all other goods. Assuming a budget of $100, derive the consumer's demand for soda for prices of $4 and $10 per case of soda. Estimate the price elasticity of demand for soda
What will be an ideal response?
If the multiplier is 10 and income increases by $1000, then saving will increase by
A) $90. B) $900. C) $100. D) $1000.
Which of the following statements is correct?
A. Monetarists believe that the economy is inherently unstable. B. Monetarists believe that policy activism is one of the principal causes of economic instability. C. Although monetarists are basically non-interventionist, they are in favor of activist monetary policy. D. Monetarists argue that changes in M1 affect GDP only through changes in interest rates.