When the government deregulates a product or service, what happens to it?
(A) Some government regulations over the industry are eliminated.
(B) Government control over the industry is stopped.
(C) The product or service is available to more people.
(D) The product or service becomes cheaper.
Ans: (A) Some government regulations over the industry are eliminated.
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If the interest rate is 20 percent, the present value of $10,000 to be received 20 years from today is about
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Fill in the blank(s) with the appropriate word(s).