Changes in the rate charged by electric power companies are subject to government control because

a. the electric power companies are government enterprises.
b. consumer ignorance makes it impossible to know what rates are fair.
c. the electric power companies are monopolies of a service that is important to buyers.
d. cutthroat competition would probably occur if the government did not intervene.


c

Economics

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What will be an ideal response?

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In 2008, the Treasury and Federal Reserve took several actions in response to the deepening financial crisis

One action was the creation of the Term Securities Lending Facility, under which the Fed will loan up to $200 billion of treasury securities in exchange for A) stock. B) corporate bonds. C) mortgage-backed securities. D) required bank reserves.

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The majority of blacks were shipped from West Africa, but some also came from Madagascar and Zanzibar

Indicate whether the statement is true or false

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For a low-income country to develop into a high-income country, ____ is (are) needed

a. high rates of inflation b. high interest rates c. sustained economic growth d. restrictions on international trade

Economics