Between 1965 and 1972, eight major pieces of consumer-protection legislation were enacted. This burst of legislative activity was largely related to:
a. increased public fears following the thalidomide tragedy.
b. public outcry following a series of steamboat explosions.
c. a general lack of faith in the market.
d. widespread support for the "Reagan Revolution.".
c. a general lack of faith in the market.
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If the economy receives an influx of new workers from immigration
A) the long-run aggregate supply curve will shift to the right. B) we will move down along the long-run aggregate supply curve. C) we will move up along the long-run aggregate supply curve. D) the long-run aggregate supply curve will shift to the left.
The difference between an international corporation and a multinational corporation is that the international corporation
a. produces in North America while the multinational corporation produces worldwide b. sells its products in North America while the multinational corporation sells its products worldwide c. sells only products while the multinational corporation sells products and services d. produces only in the home country while the multinational corporation produces in two or more countries e. exports goods and services while the multinational corporation imports goods and services
The more time a buyer has to purchase a product, the more ________ the buyer can find and, therefore, the more _________ the good becomes.
Fill in the blank(s) with the appropriate word(s).
Explain the effect of Federal tax policy on the cost of health insurance
What will be an ideal response?