Enron executives were charged with numerous counts of corporate fraud and corruption. Among the charges was insider trading, which involves the trading of a corporation's stock by insiders who may have access to information that the public does not. Which role is the government playing when it makes insider trading illegal?
A. Promoting effective and workable competition
B. Adjusting for undesirable market results
C. Correcting for externalities
D. Providing for public goods
Answer: A
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Explain the relationship between economic growth and labor productivity
What will be an ideal response?
Federal tax loopholes in personal income tax provide benefits only to very high-income people.
Answer the following statement true (T) or false (F)
Labor productivity measures
A. the growth in the quantity of labor. B. the growth of per capita real GDP. C. real output per labor hour. D. the growth of real output.
The total level of all planned expenditures in the economy best describes
A. the total amount of household wealth. B. long-run aggregate supply. C. aggregate demand. D. short-run aggregate supply