The most prevalent type of damage associated with hazardous waste sites is

a. water and soil contamination
b. loss of livestock
c. fish kills
d. air pollution

a. water and soil contamination

Economics

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Suppose the Federal Reserve's short-run response to any change in the economy is to change the money supply to maintain the existing real interest rate

What would happen to money supply if there were a reduction in government purchases? Given the Fed's policy, what would happen in the very short run (before general equilibrium is restored) to output and the real interest rate? What must happen to the LM curve and the price level to restore general equilibrium?

Economics

Suppose automobile salesmen are required to pay a $1000 tax per car sold

Is it likely that the auto salesmen will bear the entire burden of this tax? Why or why not? Would it matter if the demanders were legally required to pay the tax? Explain in detail your answer.

Economics