According to the special interest theory, the licensing of beauticians would be
a. desired by consumers in order to promote the public interest
b. desired by beauticians in order to promote the public interest
c. discouraged by all beauty salons, large or small
d. desired by some beauticians in order to restrict entry into their profession
e. done strictly at the initiative of the government
D
You might also like to view...
If U.S. exports are $2.2 billion and our imports are $2.7 billion
A) the United States is lending to the rest of the world. B) U.S. national saving is too high. C) the United States is borrowing from the rest of the world. D) U.S. investment must decrease.
Scalping at major sporting events is an example of
A) a surplus caused by the existence of price ceilings. B) the operation of rationing by the market. C) a black market caused by a price ceiling. D) a black market caused by a price floor.
Which of the following concepts are illustrated by the production possibilities curve?
a. scarcity b. choice c. trade-offs d. all of the above
Which factor of production accounts for the highest percentage of the income that the production process generates in the United States?
A. Capital B. Natural resource C. Land D. Labor