The basic reason for the gas lines in 1973 and 1979 was _____.
Fill in the blank(s) with the appropriate word(s).
price ceilings
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Increased specialization in the computer industry is evidenced by
(a) the types of government policies implemented to aid the computer industry. (b) the growth of the software industry. (c) the growth of the manufacturing industry. (d) the growth of agriculture.
How can inflation affect the international competitiveness of a country?
a. Through an increase in nominal interest rates. b. Through an increase in real interest rates. c. The competitiveness is harmed by any inflation rate that is higher than in other countries, as long as it is offset by exchange rate changes. d. The competitiveness is harmed by any inflation rate that is higher than in other countries, as long as it is not offset by exchange rate changes. e. Inflation is a domestic issue and therefore does not affect the international competitiveness
Spot markets are generally preferable to:
A. short-term contracts. B. long-term contracts. C. vertical integration. D. None of the answers are correct.
Contrast the public interest theory of regulation with the legal cartel theory of regulation
What will be an ideal response?