By requiring minimum reporting, disclosure, vesting, funding, and investment standards, the __________ helps safeguard employee pension rights
A) Employee Retirement Income Security Act
B) Federal Deposit Insurance Corporation
C) Social Security Act
D) Federal Reserve
A
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A government decision to privatize a sector of the economy formerly operated by the government is an example of ________ policy.
A. aggregation B. structural C. fiscal D. monetary
The circular flow diagram is
a. an accurate description of reality b. an economic model c. not expected to explain reality d. a road map explaining all money flows in the economy e. a road map explaining all product flows in the economy
The demand curve facing a monopolist is
a. horizontal at the market price. b. identical to the market demand curve for the good. c. exactly twice as steep as the market demand curve for the good. d. vertical because there are no competitors.
Figure 3.5 illustrates the supply of tacos. An increase in the price of ground beef, which is used to make tacos, would most likely cause a movement from:
A. point a to point b. B. point c to point b. C. S2 to S1. D. S0 to S1.