The Responsible Care® Program
a. is strictly a United States initiative
b. originated in the United States
c. was launched in 2010
d. was originally launched in Canada by a chemical producers association
d. was originally launched in Canada by a chemical producers association
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Suppose the banks in the Federal Reserve System have $1 billion in transactions accounts and the reserve requirement is 0.10. Ceteris paribus, if the reserve requirement is increased to 0.20, then excess reserves will:
A. Increase by $100 million. B. Increase by $200 million. C. Decrease by $100 million. D. Decrease by $200 million.
According to the phrase, "competition is for losers," a goal of all firms is to:
A. provide public goods. B. monopolize a market. C. provide social goods. D. be perfect competitors.
If a positive relationship exists between x and y:
A. an increase in x will cause y to decrease. B. a decrease in x will cause y to increase. C. the relationship will graph as an upsloping line. D. the vertical intercept must be positive.
Refer to the graph shown. Initially, the market is in equilibrium where the demand curve intersects S0. In the initial equilibrium, producer surplus is equal to:
A. 1,800. B. 4,500. C. 6,000. D. 900.