When a regulator is concerned about pleasing different groups in order to keep employed, this is known as the

A) share-the-gains, share-the-pains theory.
B) regulatory hypothesis.
C) capture hypothesis.
D) creative theory.


A

Economics

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One of the first organizations to investigate the business cycle was

A) the Federal Reserve System. B) the National Bureau of Economic Research. C) the Council of Economic Advisors. D) the Brookings Institution.

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The money value of all trading activity (Q) at market prices (P) is called Gross Domestic Product for a given year

Indicate whether the statement is true or false

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In the period of U.S. economic history known as the Great Depression, the rate of inflation was generally

a. trending upward. b. positive. c. uncertain. d. negative.

Economics

When is a hypothesis accepted?

a. if it uses plausible abstractions b. if it uses general assumptions c. if it fits well with the facts. d. if it reflects a complex view

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