Which of the following was an element of the New Deal?
A. Wage and price controls
B. Unemployment insurance and bank deposit insurance
C. Regulation of the stock market
D. Unemployment insurance, bank deposit insurance, and regulation of the stock market, but not wage and price controls
D. Unemployment insurance, bank deposit insurance, and regulation of the stock market, but not wage and price controls
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Which of the following is an example of opportunity cost not measured by money cost?
a. the time spent eating a business lunch at a restaurant b. the time spent preparing a meal eaten at home c. the time spent studying to obtain an "A" in economics d. the time spent repairing a car in one's own garage e. All of the above are correct.
The position of the supply curve in the market for garbage removal
a. is irrelevant since the cost is fixed. b. depends on the marginal cost of garbage removal. c. depends on the demand for garbage removal services. d. is unaffected by taxes levied per household amount of garbage.