When the value of operating authority fell to zero after trucking deregulation, that was a sign that deregulation would not work well
Indicate whether the statement is true or false
F Having the value of operating authority fall to zero because of trucking deregulation indicates that regulation created artificial value for the right to operate, and by eliminating that value deregulation returned the trucking industry to competitive condition.
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Before developing an expectation on inflation, Jenny reads through all available material on consumer price indexes and producer price indexes
Later she also reads through recent magazines and newspapers to identify factors that could affect the inflation rate in the coming days. Jenny can be said to have: A) conditional expectations. B) rational expectations. C) marginal expectations. D) adaptive expectations.
If the demand for one good decreases when the price of another good increases, the two goods are ________ goods
A) normal B) inferior C) complementary D) substitute