The regulation of the prices charged by insurance companies is known as
A) the Federal Register.
B) social regulation.
C) the market share test.
D) economic regulation.
D
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If tomato growers in Florida lobby the U.S. government to impose an import quota on Mexican tomatoes, who gains from such a quota?
A) Mexican growers B) the U.S. government C) no one D) U.S. consumers E) U.S. growers
The charge that Standard Oil engaged in "predatory pricing"
a. was the driving force behind the Supreme Court's decision to break up the company. b. makes little sense from an economic perspective. c. is still subject to debate. d. All of the above are correct. e. Only b and c are correct.
Suppose fish steak and spaghetti are the only alternatives available during lunch hours at an office cafeteria. If a nominal change in the price of fish steak brings about a prominent change in the demand for spaghetti we can conclude that the latter has a high demand elasticity
Indicate whether the statement is true or false
Which resource is the main contributor to economic growth in the United States, Latin America, and South Asia?
A. growth in physical capital B. growth in human capital C. growth in natural resources D. growth in labor productivity