Compared to the 1910-1960 period, economic fluctuations during the past 50 years have been less severe. Most economists believe that this increased stability is primarily the result of
a. more stable monetary policy.
b. the smaller budget deficits of recent decades.
c. regulations that promoted more affordable housing.
d. greater stability of stock prices as measured by the Dow Jones Industrial Average.
A
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The universal-service requirement complicates postal service pricing
Indicate whether the statement is true or false
If the working-age population increases, then
A) the labour force participation rate will increase. B) the total number of people aged 15 years and above will increase. C) the number of people employed will increase. D) the size of the labour force will increase. E) the unemployment rate will increase. B) the total number of people aged 15 years and above will increase.
Which of the following acts prohibits two competitors from merging with one another for the purpose of reducing competition?
A) the Sherman Act B) the Clayton Act C) the Federal Trade Commission Act D) the Robinson-Patman Act
The United States imports garments from third world countries. This means that if the U.S. economy were closed, the domestic price of goods would be ________ the world price of garments.
A. less than B. equal to C. greater than D. close to