When examining the costs of regulation to the U.S. economy, economists can safely ignore the opportunity costs of regulation because they are relatively insignificant compared with the direct costs of regulation

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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Suppose there are five firms in the disposable diaper market. Hug-Me's share is 30 percent. Plumper's share is 30 percent. Drippy's share is 20 percent. Kool Kid's share is 10 percent. Nappomatic's share is 10 percent

The Herfindahl-Hirschman Index in this industry is A) 100. B) 900. C) 1,350. D) 2,400.

Economics

The consumption theories proposed by Modigliani and Friedman suggest that during recessions consumers reduce

A) consumption and maintain saving. B) saving and maintain consumption. C) consumption and saving. D) consumption and investment.

Economics