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The _____, Established by Congress in 1986, Requires Local and State

question 33

Multiple Choice

The _____, established by Congress in 1986, requires local and state governments to provide emergency response plans to respond to a chemical emergency.


Definitions:

Tax Revenue

The financial earnings governments receive via taxing.

Perfectly Price Inelastic

A situation where the quantity demanded of a good or service does not change in response to a change in price.

Consumption

The use of goods and services by households.

Price Elastic

Price Elasticity measures the responsiveness of the quantity demanded or supplied of a good to a change in its price, indicating the sensitivity of consumers or producers to price changes.

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