The Drug Price Competition and Patent Term Restoration Act of 1984 fostered competition from generic drugs by facilitating their approval
Indicate whether the statement is true or false
T The Act eliminated duplication of the original drug approval process and replaced it with a requirement to show equivalence, which could be done and evaluated in much less time.
Economics
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A price floor is
A) the highest possible legal price that can be charged for a good or service. B) usually equal to the equilibrium price established before the government imposed the price floor. C) the lowest legal price at which a good or service can be traded. D) a legal price of zero that can be charged for a good or service. E) almost always equal to the price ceiling.
Economics
An argument against free trade is that it might endanger national security
Indicate whether the statement is true or false
Economics