In response to accounting scandals in 2002, the federal government passed legislation requiring among other things that auditors disclose any potential conflicts of interest. What is the name of this legislation?

The three approaches to measuring GDP are called the

A) accounting approach, the income approach, and the expenditure approach. B) product approach, the cost approach, and the expenditure approach. C) product approach, the income approach, and the expenditure approach. D) accounting approach, the statistical approach, and the income approach.

A monopolistically competitive firm derives its ability to influence price from: a. the perfectly elastic demand curve it faces

b. barriers to entry. c. its product, which is differentiated in some way from competing products. d. its position as the sole supplier in the market.