All of the following are regulatory commissions dealing with industrial regulation (as distinct from social regulation) except the:
A. Food and Drug Administration.
B. Federal Energy Regulatory Commission.
C. Federal Communications Commission.
D. 50 state public utility commissions.
Answer: A
Economics
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By refusing to be time inconsistent, a central bank is ________ its reputation and ________ "policy credibility."
A) harming, losing B) harming, gaining C) investing in, losing D) investing in, gaining
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Refer to the above figure. The figure gives the payoff matrix for two individuals who are being accused of robbing a bank together. If Bob confesses, what is the best strategy for Harry?
A) Confess. B) Don't confess. C) Flip a coin to decide what to do. D) There is no best strategy.
Economics