The federal regulatory agency whose mission is to regulate workplace health and safety is the
A) AFL-CIO.
B) FTC.
C) OSHA.
D) SEC.
Answer: C
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In a barter system, we would expect to see
A) many different units of money. B) money and goods exchanged for each other. C) wide-spread financial institutions. D) goods traded directly for other goods and services.
What are some of the key economic factors that characterize countries with poor growth records?
One of Keynes’ most profound insights was that
a) markets allocate resources efficiently, as if by an invisible hand b) comparative advantage allows all nations to gain from trade c) capitalists exploit workers by paying them less than the total value of what they produce d) the same factor that drives long run growth—technological change—also causes business cycles e) the economy can achieve an equilibrium below its capacity
Universal life insurance was created in response to
A) the popularity of whole life insurance. B) the popularity of variable life insurance. C) high interest rates. D) deregulation of banking.