All of the following statements about the Nonpoint Source Management Program are correct EXCEPT
a. It was enacted as part of the Water Quality Act of 1987.
b. It is to be implemented by states with federal approval.
c. The federal government offers no funding for the program.
d. States are to implement a 3-part plan comprising reporting, program development, and program implementation.
c. The federal government offers no funding for the program.
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Economic growth is a sustained expansion of production possibilities measured as the increase in ________ over a given period
A) capital per person B) population C) real GDP D) real GDP per person E) the standard of living
Declining-block quantity discrimination makes sense if
A) buyers of smaller quantities are more price sensitive than buyers of larger quantities. B) buyers of smaller quantities are less price sensitive than buyers of larger quantities. C) demand for the good is perfectly elastic. D) the lower price for larger quantities encourages all consumers to purchase the larger quantity.