Deregulation has led to higher prices
a. True
b. False
Indicate whether the statement is true or false
False
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You receive $500 today which you plan to save for two years. Also, in two years you will be given another $500 . If the interest rate is 5 percent, what is the present value of the payment of $500 today and the $500 in two years?
a. $500(1.05)2 + $500/(1.05)2 b. $500(1.05)2 + $500 c. $500 + $500/(1.05)2 d. $500 + $500
Which statement is false?
A. The first trustbusters were Presidents Teddy Roosevelt and William Howard Taft. B. Labor unions became exempt from antitrust enforcement under the FTC Act. C. The Sherman Act stated that "every contract, combination in the form of trust or otherwise, in restraint of commerce among the several states, or with foreign nations, is hereby declared illegal." D. The Supreme Court's rule of reason was applied from 1911 to 1945.
The Roy model concerns
A. the cost-benefit analysis of layoffs or quits. B. specific on-the-job training. C. the skill-selection associated with immigration flows. D. the age-earnings profile. E. general training.
Economic growth may overstate changes in the standard of living if
A. the number of students attending college is increasing. B. the average workweek is increasing. C. people are retiring at a younger age. D. expected life spans are increasing.