Which of the following imposed regulation on its industry?
A. Bus Regulatory Reform Act of 1982
B. Staggers Rail Act of 1980
C. Motor Carrier Act of 1982
D. Interstate Commerce Act of 1887.
Answer: D
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A smart card is the equivalent of
A) cash. B) savings bonds. C) savings deposits. D) certificates of deposit.
The division of labor
a. allows more people to be employed b. allows tasks to be performed more efficiently c. makes people happier on the job d. means that less management is required e. means that less equipment will be used
Why doesn’t a competitive firm reduce its price below the industry price to increase sales?
What will be an ideal response?
The school of thought that emphasizes the possibility that an economy can be in equilibrium at less than full employment with inflation and argues that by managing aggregate demand, government can achieve the most acceptable combination of unemployment and inflation is the
a. Keynesian b. neo-Keynesian c. monetarist d. supply-side school e. rational expectations school