Some railroads have benefited from:

a. imposition of federal safety regulations relieving the carrier of this task
b. subsidies to operate abandoned rail liens the states and others continue to operate
c. the government operated research facility at Pueblo, Colorado
d. the new hours of service for truck drivers which reduced their productivity


B

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Indicate whether the statement is true or false

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Assume that investors have recently become more risk averse, so the market risk premium has increased. Also, assume that the risk-free rate and expected inflation have not changed. Which of the following is most likely to occur?

A. The required rate of return will decline for stocks whose betas are less than 1.0. B. The required rate of return on the market, rM, will not change as a result of these changes. C. The required rate of return for each individual stock in the market will increase by an amount equal to the increase in the market risk D. The required rate of return on a riskless bond will decline. E. The required rate of return for an average stock will increase by an amount equal to the increase in the market risk premium.

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In Vermont Yankee Nuclear Power Corp. v. Natural Resources Defense Council, the

court determined that: a. courts may require agencies to expand APA notice-comment procedures to permit oral comment b. courts may require agencies to expand APA notice-comment procedures to require trial-type hearings c. courts may require agencies to expand APA notice-comment procedures to permit oral comment and to require trial-type hearings d. courts may not impose variations on the APA notice-comment requirements

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What administrative agency regulates pesticides, insecticides, fungicides and rodenticides?

A)The Food and Drug Administration B)The Occupational Safety and Health Administration C)The Environmental Protection Agency D)The Nuclear Regulatory Commission

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