Which industry was deregulated in the late 1970s and 1980s?

a. low-cost housing
b. pharmaceuticals
c. airlines
d. electricity

Answer: d. electricity

Economics

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The problem caused when people are often reluctant to voluntarily pay for goods and services that provide benefits for everyone, even for those who don't pay is called the:

A. free-rider problem. B. moral hazard problem. C. drop in the bucket hypothesis. D. rational ignorance problem.

Economics

Real per capital GDP in the United States is:

A. over 30 times what it was a century ago. B. about the same as it was a century ago. C. over three times what it was a century ago. D. over seven times what it was a century ago.

Economics