Advocates of the promotion of the maximization of consumer welfare using market principles and efficiency criteria define consumer welfare as an improvement in the allocation of resources without an impairment to productive efficiency

Indicate whether the statement is true or false


TRUE

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An employer's failure to remit state withholding taxes that were collected from employee wages cannot constitute a crime

Indicate whether the statement is true or false

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When the employees vote by secret ballot on whether or not to form a union, the percentage vote that is required is:

a. 90% b. 75% c. just over 50% d. 30%

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Assume that you have an unfair coin. You flip this coin 10 times and conclude that it is fair based upon a statistical test. You haveā€¦

a. Made a correct decision b. committed a Type II error c. committed a Type I error d. none of the

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Private parties may initiate civil actions for false advertising claims under:

a. the Moss-Magnuson Act b. the Cooper-Dewitt Act c. the Lanham Act d. Article 2 of the Constitution e. the Truth-in-Advertising Act

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