Match each agency or law with the scenario in which it would be involved:
1. sally learned that the drinking water she bought from the store contained contaminants.
2. stuart realized that the new speakers he bought had a much lower output than what was indicated on the box.
3. meredith called the credit reporting agency to dispute inaccurate information on her credit report.

pairs:
food and drug administration
federal trade commission
fair credit reporting act

Answer and Explanation

1. Sally learned that the drinking water she bought from the store contained contaminants.-goes with the Food and Drug Administration

Food and drug administration (FDA) is a US  department of health and human services which is responsible for protecting the public health by ensuring safety on all food stuffs and drugs the members of the public are consuming in the country.

2. Stuart realized that the new speakers he bought had a much lower output than what was indicated on the box-goes with the Federal Trade Commission

Federal Trade Commission (FTC) is an independent agency in US which its responsibility is to make sure that consumers are protected and ensures that all the businesses are fairly run. It  deals with complains like monopolistic practices, deceptive advertising, spam among other complaints as tabled by the consumers.

3.  Meredith called the credit reporting agency to dispute inaccurate information on her credit report.-goes with the Fair Credit Reporting Act

Fair Credit Reporting Act (FCRA)   is a US government legislation which its main purpose is to promote accuracy and the privacy of the states consumers as as they are contained in the files whenever they report complaints to the agencies.

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levels of production can be increased by technology while holding labor and capital constant, because increased technology makes the production process more efficient. subsequently, the lras curve is almost a vertical line, that can shift to the right, with an increase in technology.

the relationship between the lras curve and the ppc is that both can make the economy could grow. the ppc achieves that when it shifts outward because of more resources or technological advances while the lras curve shifts if more resources are developed or if there are technological advances.

the lras curve is a vertical line at an output level that represents the number of goods and services a nation can produce over a sustained period using all of its productive resources as efficiently as possible with all of the current technology available to it.

the production possibilities frontier (ppf) is a graphical device that is used for economic analysis of production decisions because the ppf measures the maximum possible combinations of two goods that an economy is capable of producing with its currently available resources and technology.