The rate-of-return regulated public utility has strong incentive to control cost
Indicate whether the statement is true or false
F The monopoly position of the rate-of-return regulated public utility allows it to raise revenue to cover costs, especially because its prices are based on its own costs, and unless some other device is used to improve its incentives it is not strongly motivated to control costs.
Economics
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When the Fed targets interest rates, rightward shifts in the IS curve force the Fed to ________ the money supply to hold to that target, which acts to ________ velocity
A) raise, destabilize B) raise, stabilize C) lower, destabilize D) lower, stabilize
Economics
The ceteris paribus assumption is important to use when building economic models
Indicate whether the statement is true or false
Economics