Which of the following protects people from incompetent or unscrupulous producers?
A) the Federal Register
B) social regulation
C) the market share test
D) economic regulation
Answer: B
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Which of the following macroeconomic variables does not vary much over the seasons?
A) The nominal money stock B) The unemployment rate C) The real wage D) Average labor productivity
The academic work of Ben Bernanke, recent Chairman of the Board of Governors of the Federal Reserve System, suggests that he is a firm advocate of ________
A) fixed exchange rates B) inflation targeting C) decreased central bank transparency D) nominal GDP targeting
Economic freedom refers to the freedom of the government to control resources and labor in a country
a. True b. False Indicate whether the statement is true or false
Which country is correctly matched with its 2015 inflation rate?
a. 9 percent inflation in the United States. b. 3.6 percent inflation in Russia. c. 59 percent inflation in Venezuela. d. 4.9 percent inflation in India.