The ________ effect of a price change states that when the price of a good falls, that good becomes cheaper compared to other goods and services so consumers tend substitute that good for other goods

What arguments can be made for government regulation of concentrated markets? What arguments can be made against such government regulation?

What will be an ideal response?

After the repeal of Regulation Q, a problem for savings-and-loan associations (S&Ls) was that most of their assets were at __________ interest rates while their deposits were at __________ interest rates

A) low; low B) low; high C) high; low D) high; high