Answer the following statement(s) true (T) or false (F)
1. The RCRA Amendments of 1984 continued to promote land disposal for hazardous wastes.
2. Identification of hazardous wastes under the law relies on risk-benefit analysis.
3. Standards on treatment, storage, and disposal facilities (TSDFs) are set to achieve allocative efficiency.
4. The land restrictions may act to provide an incentive to reduce hazardous waste generation.
5. A waste-end charge is a fee based on the quantity of waste generated that is imposed at the time of disposal.
1. False
2. False
3. False
4. True
5. True
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The time and money spent in carrying out financial transactions are called
A) economies of scale. B) financial intermediation. C) liquidity services. D) transaction costs.
A $10 million open market purchase will increase the monetary base by
A) $10 million. B) $10 million times the money multiplier. C) $10 million divided by the money multiplier. D) an amount between $0 and $10 million, depending on the fraction of the purchase the public wishes to hold as currency.