Which of the following federal agencies is engaged in social regulation?

A) Equal Employment Opportunity Commission
B) Office of the Comptroller of the Currency
C) the Securities and Exchange Commission
D) Federal Deposit Insurance Corporation

Answer: A

Economics

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A horizontal demand curve for a firm implies that

A) the firm is a monopoly. B) the market the firm is operating in is not competitive. C) the firm is selling in a competitive market. D) the products of that firm are very different from other firms' products.

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In order to determine the velocity of money, we need to know: a. the money supply and the price level. b. nominal GDP and real GDP

c. the money supply and nominal GDP. d. the interest rate and nominal GDP.

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