Which of the following is NOT an objective of economic regulation?
A) to regulate the prices enterprises are allowed to charge
B) to fix prices so that they are never allowed to rise
C) to keep rates of return in an industry at a competitive level
D) to prevent monopoly profits
Answer: B
Economics
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A technological advance ________ the long-run aggregate supply curve and ________ the short-run aggregate supply curve
A) shifts; shifts B) shifts; does not shift C) does not shift; shifts D) does not shift; does not shift
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The proper short-run goal of macroeconomic policymakers is to
A) amplify the business cycle. B) dampen the business cycle. C) promote high economic growth. D) maintain low economic growth.
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