One possible solution to improve performance of regulated firms is which of the following?
a. Allow the firm to set its own rate of return.
b. Allow higher rates of return to cover higher cost of better performance.
c. Allow a higher rate of return for better performance.
d. Set lower prices when efficiency improves.
c
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Private ownership of rivers and lakes will halt all water pollution.
Answer the following statement true (T) or false (F)
The international agreement signed in 1947 to promote world trade by reducing tariffs and other barriers to international trade was called
A) GATT. B) NAFTA. C) WTO. D) Bretton-Woods agreement.
Expansionary policies are government stabilization policies intended to increase:
A. population. B. average labor productivity. C. spending. D. unemployment.
If there is an expectation that the price of a good will increase in the next month, this would immediately
A. move its demand curve to the right. B. cause a movement along the demand curve to a (higher price, lower quantity) point. C. move its demand curve to the left. D. cause a movement along the demand curve to a (lower price, higher quantity) point.