A firm might be tempted to cheat on a collusive price-fixing agreement by setting a ________ price and producing ________ than agreed upon

Write a short note on the regulation of the U.S. securities markets

The primary conclusion of using inflation accounting is that inflation

a. distorts the tax system, and results in slower economic growth. b. reduces the national debt to its nominal value instead of its real value. c. causes recessions, and increases the structural deficit. d. distorts government budget accounting by exaggerating interest expense.