The agency responsible for investigating instances of fraudulent or misleading advertising is the:

A. Federal Trade Commission

B. Interstate Commerce Commission

C. Federal Communications Commission

D. Uniform Business Practices Commission


A. Federal Trade Commission

Economics

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Economics is a study of how

a. people interact with each other in social situations b. too many goods and services can make people unhappy c. to make resources infinite d. we allocate our resources to satisfy our wants e. to satisfy all of our wants as a society

Economics

The distinction between productivity levels and productivity growth rates is theoretical, and has no practical application

a. True b. False Indicate whether the statement is true or false

Economics

Which of the following scenarios best illustrates the concept of cyclical unemployment?

A. Grace loses her job because of new automated machinery. B. Sean quits his job to look for work that is more fun. C. Ellen quits looking for work because she doesn’t think she can find a suitable job. D. Marian loses her job because of a recession.

Economics

An increase in consumer desire for strawberries is most likely to:

A. increase the number of strawberry pickers needed by farmers. B. reduce the supply of strawberries. C. reduce the number of people willing to pick strawberries. D. reduce the need for strawberry pickers.

Economics