The argument for government intervention implies that government regulation can improve market outcomes.
Answer the following statement true (T) or false (F)
True
The call for public regulation of natural monopolies is based on the recognition that the profit motive doesn't generate optimal outcomes in any monopoly environment. A realistic goal for regulation is to improve market outcomes, not to perfect them.
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Which of the following statements is true?
A) There will be no change in unemployment if there is a leftward shift in the labor demand curve and there is wage rigidity, everything else remaining unchanged. B) Unemployment will be higher if there is a leftward shift in the labor demand curve and there is no wage rigidity, everything else remaining unchanged. C) Unemployment will be higher if there is a leftward shift in the labor demand curve and there is downward wage rigidity in the labor market, everything else remaining unchanged. D) There will be an increase in unemployment if there is a leftward shift in the labor demand curve and there is no wage rigidity, everything else remaining unchanged.
Refer to Table 11-2. What is the marginal product of the 4th worker?
A) 230 bushels B) 57.4 bushels C) 50 bushels D) 12.4 bushels
Swiss attempts to target monetary aggregates ended in the 1990s because ________
A) the expectations of Swiss households had evolved from being adaptive to rational B) structural changes in the economy had rendered existing practices inflationary C) of the resulting increase in interest rates D) the ensuing deflation increased the real value of debt held by Swiss manufacturing firms
Over the past several decades, the difference between the labor-force participation rates of men and women in the U.S. has gradually decreased
a. True b. False Indicate whether the statement is true or false