A government decision to privatize a sector of the economy formerly operated by the government is an example of ________ policy.
A. aggregation
B. structural
C. fiscal
D. monetary
Answer: B
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A person's wealth is the same as his income
Indicate whether the statement is true or false
The term structure of interest rates
A) represents the relationship among the interest rates on bonds that are otherwise similar but that have different maturities. B) reflects differing tax treatment received by different instruments. C) always results in an upward-sloping yield curve. D) usually results in a downward-sloping yield curve.
If a firm collects $90 in revenue when it sells 4 units, $100 in revenue when it sells 5 units, and $105 in revenue when it sells 6 units, then one can infer the firm is a:
A. price taker. B. monopolist. C. profit maximizer. D. perfect competitor.
The deregulation of the long distance trucking, long distance phone calling, banking, and the airline industries was carried out under Presidents ___________ and ___________.
Fill in the blank(s) with the appropriate word(s).