Deregulation implies that government failure is worse than the market failure that regulation is designed to correct.
Answer the following statement true (T) or false (F)
True
The argument for deregulation rests on the observation that government regulation sometimes worsens market outcomes. In some cases, government failure may be worse than market failure.
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Net investment plus depreciation is equal to
A) gross exports. B) gross depreciation. C) gross investment. D) gross domestic product.
Market failures include all of the following EXCEPT
A) equalization of quantity supplied and quantity demanded. B) public goods. C) positive externalities. D) negative externalities.
If bundles A, B, and C lie on the same indifference curve, then:
A. A ~ B ~ C. B. B > C > A. C. A > B > C. D. A ~ B > C.
Which of the following directs the buying and selling of U.S. government securities?
A. Board of Governors B. Federal Reserve Banks C. Federal Open Market Committee D. Federal Advisory Council