The federal agency established in 1934 to regulate telephones and broadcasting industries is the:
a. Interstate Commerce Commission (ICC).
b. Federal Trade Commission (FTC).
c. Securities and Exchange Commission (SEC).
d. Equal Employment Opportunity Commission (EEOC).
e. Federal Communications Commission (FCC).
e
You might also like to view...
What does the cross-price elasticity of demand measure? How is it calculated?
What will be an ideal response?
When a demand schedule is drawn as a graph,
a. price is measured on the vertical axis. b. quantity is measured on the horizontal axis. c. the resulting curve has a negative slope. d. the other variables (besides price and quantity) are held constant. e. All of the above are correct.
Imposing a tariff on the import of a good is preferable to a quota because a tariff produces revenue for the government, while a quota never produces any revenue for a government
a. True b. False Indicate whether the statement is true or false
Use the following table to answer the next question.Interest RateAsset Demand for Money (billions)7%$0610052004300If the money supply equals $300 billion dollars and the transaction demand for money equals $200 billion dollars, the equilibrium interest rate is
A. 6%. B. 7%. C. 4%. D. 5%.