U.S. government regulation of social and economic activity
A. has increased steadily since 1970.
B. is confined to antitrust law.
C. only began after World War II.
D. costs less now than it did in the 1980s.
Answer: A
You might also like to view...
Periods of unusually low production in an economy result in ________ unemployment.
A. frictional B. structural C. cyclical D. environmental
Typically, the lower the level of income per person in a country, the lower the level of spending per person on health care. This relationship between income and spending indicates that health care is a
A) luxury. B) inferior good. C) necessity. D) normal good.
Most developing countries oppose including labor standards in trade agreements because
A) they believe this would involve a loss of their national sovereignty. B) they believe this would limit their ability to export to rich markets. C) they believe this would create an uneven playing field. D) multinational corporations control them. E) they do not want to improve wages for their workers.
Steady-state growth refers to
a. intermediate-run periods. b. long-run equilibrium growth. c. output determination in the short run. d. None of the above