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The Clean Air Act, a federal statute, establishes national air pollution standards for fleet vehicles such as buses, taxicabs, and trucks. The South Coast Air Quality Management District (South Coast) is a political entity of the state of California. South Coast establishes air pollution standards for the Los Angeles, California, metropolitan area. South Coast enacted fleet rules that prohibited the purchase or lease by public and private fleet operators of vehicles that do not meet stringent air pollution standards set by South Coast. South Coast’s fleet emission standards are more stringent than those set by the federal Clean Air Act. The Engine Manufacturers Association (Association), a trade association that represents manufacturers and sellers of vehicles, sued South Coast, claiming that South Coast’s fleet rules are preempted by the federal Clean Air Act. The U.S. District Court and the U.S. Court of Appeals upheld South Coast’s fleet rules. The Association appealed to the U.S. Supreme Court. Are South Coast’s fleet rules preempted by the federal Clean Air Act?
The long-run aggregate supply curve is influenced by the price level. The opportunity cost of holding real money balances is the: Economic variables that generally turn down after a recession begins and turn back up after the recovery starts are call..
List at least four examples of why governments choose to restrict trade with another country. Which of these examples do you feel is the most justifiable?
Explain the differences between external costs, private costs, and social costs and how the presence of external costs leads to market failure.
All of the following are considered input barriers to entry except:
Calculate the present worth value of 9 annual payments of $800 made at the end of each year knowing that the interest rate is 8%
If unit labor costs in Spain and Portugal rise, but unit labor costs in Germany decline and other producer prices remain unchanged, what effect should these factors by themselves, have on export trade and why?
In preparing the actual forecast numbers, the forecast staff should
q. 1. clients to live theaters inc. can be partitioned into 2 groups seniors and everyone else. the converse demand
You will need to determine how you will measure strict gun control laws for the states and to define what types of crimes will make up the crime rate.
You are responsible for creating an ad that will hopefully entice more consumption of your product or service. Describe for me a couple of items that you want to say to your consumers through your ad?
What are the major categories of “investment” expenditure in the GDP accounts? What are “transfer” expenditures of governments? Why aren’t they included as part of “government spending” in calculating GDP? Why aren’t “intermediate” goods purchases by..
Explain the development of post- World War 2 American foreign policy in the era 1945-1965.what challenges did the country face abroad? What was the general doctrine? What key principles and institutions were established? How did this represent a chan..
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