Congress relies on economists at the Congressional Budget Office to
a. enforce the nation's antitrust laws.
b. set the nation's monetary policy.
c. provide evidence that incumbent members of Congress are performing well in their jobs.
d. provide independent evaluations of policy proposals.
d
Economics
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One example of a microeconomic question is, "How will prices in the clothing industry change if the government bans imports from China?"
Indicate whether the statement is true or false
Economics
Predatory pricing occurs when a firm sells
A) above cost to any customers who have no good alternative. B) above cost to low-income customers who have no good alternative. C) at whatever prices the market will bear. D) below cost in order to eliminate competitors. E) only to customers who agree to rebate a portion of the price.
Economics