In 1984, amendments to RCRA restrict landfilling activity, which in turn
a. would cause the MPC of land disposal to rise
b. may offer some incentive for waste disposers to generate less waste
c. reduce the external cost of landfilling
d. all of the above
d. all of the above
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In an effort to stabilize the banking sector and keep banks lending, from October 2008 to September 2009, the Fed:
A. raised reserve requirements. B. raised the amount of interest paid on reserves held at Fed banks. C. declared a series of bank holidays to give banks a chance to recover from excessive withdrawals from customer accounts. D. lowered the federal funds target rate.
Which of the following is not one of the assumptions of the quantity theory of money?
A. Real output is independent of the money supply. B. Causation goes from money supply to prices. C. Velocity is constant. D. The money growth rate is constant.