The era of deregulation, when the role of the government in the economy steadily decreased, began
A. in the mid-1970s.
B. shortly after WWII.
C. with the presidency of Dwight Eisenhower.
D. with the presidency of Ronald Reagan.
Answer: A
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Refer to the table above. What is the marginal benefit that Jenny derives from the fifth unit?
A) $0 B) $1 C) $6 D) $30
Whenever the interest rate goes up, the price of bonds will go down
a. True b. False Indicate whether the statement is true or false
Since its creation, what government entity has greatly reduced the number of bank failures by helping other banks take over the liabilities and assets of troubled banks, and thereby preventing loss of depositor funds?
a. the Federal Deposit Insurance Corporation b. the Federal Trade Commission c. the Federal Open Market Committee d. the Department of Commerce
The optimal efficiency wage requires
A. firms to pay any wage above the competitive wage. B. firms to pay the competitive wage. C. firms to pay fringe benefits. D. the total product curve to be downward sloping. E. firms to pay the unique wage above the competitive wage such that the elasticity of output with respect to wages equals one.