Government regulations:
A. always seek to increase competition.
B. sometimes protect monopoly power in certain industries.
C. never protect monopoly rights.
D. usually are ineffective.
B. sometimes protect monopoly power in certain industries.
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A nation that has invested more in the rest of the world than other countries have invested in it is called a
A) net lender. B) saver nation. C) creditor nation. D) debtor nation. E) net borrower.
The Ricardo-Barro effect of a government budget deficit refers to
A) a change in private savings supply. B) a large crowding out effect from a government budget deficit. C) a large crowding out effect from a government budget surplus. D) the international impact of government deficits.
Explain why despite enormous natural resources, much of Latin America's population remains in poverty and the region has been repeatedly experiencing financial crises
What will be an ideal response?
Suppose the supply of Malaysian rubber increases. If U.S. producers purchase this rubber as an input, in the United States, this would cause a
A) rightward shift of the AD curve. B) leftward shift of the AD curve. C) rightward shift of the SRAS curve. D) leftward shift of the SRAS curve.