Answer the following statement true (T) or false (F)
1) Proposed ergonomics regulations are an example of industrial regulation (rather than social
regulation).
2) Tying agreements are contracts by which retailers agree to charge the prices that
manufacturers set on branded goods.
3) The Celler-Kefauver Act outlawed interlocking directorates.
4) The regulation of natural monopolies has been criticized because it creates a tendency for
regulated firms to use too much labor and too little capital in the production process.
1) F
2) F
3) F
4) F
You might also like to view...
If the U.S. government removes tariffs it had placed on imports from countries that have been accused of deliberately undervaluing their currencies, the price of these imports will ________ and the demand for the undervalued currency will ________
A) fall; rise B) rise; rise C) rise; fall D) fall; fall
Ending discrimination against minority groups in educational processes and in employment situations would cause total domestic output to:
A. Fall, because of the increased costs of training and living B. Rise, because spending on consumer goods and services would decrease C. Rise, because of an increase in the productivity of the labor force D. Fall, since trained minority workers would force some present workers out of their jobs