2. A dissipative pollutant is A. one that builds up in the environment over time B. one whose damaging effect is relatively minor C. one that becomes dispersed uniformly over the receptive area D. none of the above
For unlimited access to Homework Help, a Homework+ subscription is required.
Related textbook solutions
Related questions
(1) What is the effect of wage indexation on the relation between inflation and unemployment?
Ā | Ā |
(a) As indexation increases, inflation becomes less sensitive to the difference between the unemployment rate and the natural rate. Ā |
Ā | Ā |
(b) No effect Ā |
Ā | Ā |
(c) As indexation increases, inflation becomes more sensitive to the difference between the unemployment rate and the natural rate. Ā |
Ā | Ā |
(d) As indexation increases, inflation becomes less sensitive to the natural rate. Ā |
Ā
(2) When inflation has been persistent, as was the case in the United States during the 1970s, low unemployment rates will likely be associated with:
Ā | Ā |
(a) low natural rates of unemployment. |
Ā | Ā |
(b) high but stable rates of inflation. |
Ā | Ā |
(c) high natural rates of unemployment. |
Ā | Ā |
(d) increases in the inflation rate. |
(3) For this question, assume that the Phillips curve equation is represented by the following equation:Ā
Ā . A reduction in the unemployment rate will cause:
Ā | Ā |
(a) a reduction in the markup over labor costs (i.e., a reduction in m). |
Ā | Ā |
(b) an increase in the markup over labor costs. |
Ā | Ā |
(c) an increase in the inflation rate over time. |
Ā | Ā |
(d) a decrease in the inflation rate over time. |
QUESTION 5
Economic theory predicts that the introduction of child support enforcement programs will:
Ā | A. |
reduce the cost of providing welfare benefits to the states that provide such programs. |
Ā | B. |
increase the labor supply of some welfare recipients who were not working prior to the introduction of this program. |
Ā | C. |
have no effect on the labor supply of some welfare recipients. |
Ā | D. |
All of the above are correct. |
2 points
QUESTION 6
In the hedonic pricing model of job risk, a flatter isoprofit curve indicates that:
Ā | A. |
the cost of reducing risk is relatively high. |
Ā | B. |
the cost of reducing risk is relatively low. |
Ā | C. |
most individuals are not risk-averse. |
Ā | D. |
None of the above is correct. |