Why does the United States regulate automobile manufacturing in so many ways?
(A) To protect the consumer from Japanese and European automobiles.
(B) To keep the price of U.S. automobiles competitive with others.
(C) To offset the air pollution caused by automobiles.
(D) To keep the manufacturers of U.S. automobiles from gaining too much of the market.
Ans: (C) To offset the air pollution caused by automobiles.
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a. True b. False Indicate whether the statement is true or false
The marginal cost of a dollar of loanable funds is not
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