All of the following are regulatory agencies EXCEPT
A. the Environmental Protection Agency.
B. the Occupational Safety and Health Administration.
C. the Food and Drug Administration.
D. the National Rifle Association.
Answer: D
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Which of the following is included in net government income?
A) social security benefits B) factor income C) taxes D) all of the above E) none of the above
Game theory is the study of which of the following?
a. The prisoner's dilemma b. The behavior of people engaged in recreational games c. The mutual interdependence of firms in oligopolistic industries d. The downward sloping demand curve faced by firms in an oligopoly e. The interaction between marginal and average revenue
Which of the following countries has the lowest export ratio?
A. Haiti. B. Samoa. C. The United States. D. India.
Explain how products produced by high-wage workers in the United States can compete with the products manufactured in countries whose workers earn much lower wages.
What will be an ideal response?