In the early 1900s, regulation of the use of child labor
a. was supported by trade unions.
b. was first legislated by some states, and later by the federal government.
c. was sometimes indirectly accomplished through compulsory school laws.
d. through federal legislation was initially struck down by the Supreme Court.
e. All of the above.
e. All of the above.
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Which of the following is NOT an asset of a bank?
A) Cash equivalents of the bank B) Stockholders' equity C) Long-term investments made by the bank D) Official bank reserves
When the price of the same product varies by locational attributes, it is an example of:
A) predatory pricing. B) first-degree price discrimination. C) second-degree price discrimination. D) third-degree price discrimination.
The statement "saccharine causes cancer" is not a theory; it is a hypothesis
a. True b. False Indicate whether the statement is true or false
Which of the following is not true with regard to the burden of the U.S. national debt?
a. The debt does burden future generations to the extent that it is sold to foreigners. b. Budget deficits are not appropriate for stabilization purposes under any circumstances. c. The debt will reduce the nation's capital stock if incurred during a fully employed economy. d. The large deficits of the 1980s and early 2000 were particularly worrisome because they were not attributable to recessions.