The Consumer Product Safety Commission (CPSC) was established in:

"Social Security should be privatized to get the government out of the retirement-financing business," is an example of a ________ statement about ________ policy.

A. positive; fiscal B. positive; structural C. normative; structural D. normative; monetary

Theoretically, a firm can enter an industry with low prices, drive out their competition, and take advantage of their newly-achieved monopoly power to raise prices, but the evidence is that Walmart has

A. never tried to do this. B. succeeded at doing this. C. tried to do this and failed for legal reasons. D. tried to do this and failed for economic reasons.