When a dog is guarding the henhouse, that is an example of the
A) share-the-gains, share-the-pains theory.
B) regulatory hypothesis.
C) capture hypothesis.
D) creative theory.
Answer: C
You might also like to view...
Refer to the figure above. If a price control is imposed at $8, what is the new producer surplus in the market?
A) $20 B) $40 C) $60 D) $80
Malthus was too pessimistic because he did not foresee the effects of
A) ever increasing amounts of land for cultivation. B) increases in the capital stock and the effects of such increases on production. C) improved nutrition and health care. D) improved family planning practices.
Explain the problem encountered by successive monopolies? How can the supplier and the producer overcome this problem?
Changes in the federal funds rate influence the economy's growth rate through all of the following except by:
A. making it more or less expensive to borrow. B. making investment spending more or less attractive. C. altering the real interest rate when inflation is changing quickly. D. making it more or less attractive to people save.