Which of the following is a possible drawback of horizontal fracking?
a. A fall in the cost of recovering natural gas and oil
b. An increase in the price of gas and oil as a result of a decline in the supply of natural gas and oil
c. A fall in imports of natural gas and oil
d. A fall in environmental exploitation due to the means employed to extract oil
e. An increase in harmful air emissions, water contamination, and problems associated with the disposal of harmful waste fluids
e
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The Industrial Revolution
A) marked the beginning of significant economic growth in the world. B) produced goods exclusively using human or animal power. C) had no impact on standards of living in the world. D) started in France around the year 1750.
The potential for asymmetric information to bring about a general decline in product quality in an industry is known as the ________ problem
A) moral hazard B) liability C) capture D) lemons
In a centrally-planned economy, economic activity is guided by ______
Fill in the blank(s) with correct word
If the Federal Reserve wished to engage in expansionary monetary policy, it could
A. sell government debt. B. lower the federal funds rate target. C. raise the reserve ratio. D. raise the primary credit rate.