A command-and-control approach to environmental policy
a. requires that the least amount of resources be used to achieve an objective
b. uses incentives to encourage pollution reduction
c. uses limits or restrictions to directly regulate polluters
d. is rarely used by governments in the United States and other nations
c. uses limits or restrictions to directly regulate polluters
Economics
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There is an inverse relationship between the interest rate and the quantity of money demanded
a. True b. False Indicate whether the statement is true or false
Economics
A recessionary gap refers to the gap between real GDP and potential GDP when the level of output is above the level of potential GDP
a. True b. False Indicate whether the statement is true or false
Economics