An oligopoly that has two dominant strategies is called a duopoly
a. True
b. False
Indicate whether the statement is true or false
False
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In the United States, the emergence of the third-party payment system has:
A. led health care costs to increase over time. B. had almost no impact on health care costs. C. led people to consume less than the socially optimal level of health care. D. led health care costs to decrease over time.
Rent controls encourage investment in housing because they bring stability to the market.
Answer the following statement true (T) or false (F)
Unions have been protected since 1935 by a federal law, the National Labor Relations Act (NLRA), which contains provisions for
(a) elections by workers to choose their bargaining agents. (b) employers' recognition of union bargaining agents in interstate commerce for union representation and collective bargaining purposes. (c) arbitration of disputes that cannot be resolved through bargaining. (d) all of the above.
There is no good basis for dividing federal and state regulatory jurisdictions
Indicate whether the statement is true or false