Author Question: Which of the following was an implication of the U.S. government's Clean Air Act Amendments (CAAA) ... (Read 48 times)

burchfield96 · **on:** Jun 29, 2018

Which of the following was an implication of the U.S. government's Clean Air Act Amendments (CAAA) of 1977?

A) It acted as a barrier to entry.
B) It increased consumer surplus.
C) It reduced the profits of existing firms.
D) It reduced the market power of existing firms.

Question 2

Roughly what is the required reserve ratio within the U.S. banking system?

A) Less than 10 percent.
B) 15
C) 25
D) 50
E) 90