If expected inflation is 12 percent and the publicly regulated electric utility company is legally limited to a 10 percent rate of return, then we should expect
a. increased investment by the utility.
b. expansion of electric power generating capacity.
c. future power shortages.
d. excess investment by the electric utility.
c
Economics
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If the United States imposes a tariff on foreign chocolate, how are U.S. buyers of chocolate affected?
A) Their demand for chocolate increases because the U.S. production chocolate increases. B) The price they pay for chocolate falls, but they consume less chocolate because less is imported. C) The quantity they consume is unchanged. D) The price they pay for chocolate falls, and they consume more chocolate. E) The price they pay for chocolate rises.
Economics
Mutual funds that offer shares that are redeemable are referred to as
A) open-end. B) closed-end. C) negotiable. D) nonnegotiable.
Economics