While economic regulation applies to ________ industries, social regulation applies to ________ firms
A) particular; individual
B) particular; all
C) all; individual
D) utility; healthcare
B
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A money flow in the circular flow diagram is
i. the government's collection of taxes. ii. Chevrolet's production of SUVs. iii. Nike's payment of wages to its workers. A) i only B) ii only C) i, ii and iii D) ii and iii E) i and iii
To qualify as incentive pay, a performance-based compensation program:
A. must use monetary rewards. B. may use either monetary or non-monetary rewards. C. must use only non-monetary rewards. D. may only use piece rates and commissions.
Which statement is true?
A. The United States Treasury will probably go bankrupt within 10 years. B. Because the national debt grows each year, we have to pay more and more interest on the debt; because interest payments keep rising, our deficits keep growing, further pushing up the debt. C. The United States Treasury can never go bankrupt. D. None of the choices/statements are true.
A commercial bank can expand its excess reserves by:
A. demanding and receiving payment on an overdue loan. B. buying bonds from a Federal Reserve Bank. C. buying bonds from the public. D. paying back money borrowed from a Federal Reserve Bank.