____________ the airlines, trucking, and long-distance phone calling has led to lower prices for consumers.
A. Regulation of
B. Trusts in
C. Deregulation of
D. Conglomerates in
C. Deregulation of
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In the United States, there is a federal minimum wage that is followed by each state
a. True b. False Indicate whether the statement is true or false
Keynesian economics is known as a _____ theory.
A. demand-side B. supply-side C. nonactivist D. laissez-faire
What would a person do if the market wage is less than his or her reservation wage?
A. The person will be unemployed. B. The person will enter the labor market. C. The person will work more hours as the wage falls further. D. The person will work as much as possible. E. The person will not participate in the labor force.
Recall the Application about the merger of Office Depot and Office Max to answer the following question(s).Recall the Application. Which of the following represent increased competition in the office supplies market?
A. general superstores like Wal-Mart and Target B. membership warehouse clubs like Costco and Sam's Club C. internet retailers like Amazon D. All of these