According to the text, the AT&T corporation was deregulated primarily by
a. requiring that competing companies have access to AT&T's facilities
b. declaring AT&T the legitimate monopoly of telephone service in the United States
c. creating a special Telephone Advisory Commission
d. ending all government regulations regarding the domestic telephone industry
e. requiring AT&T to share patents with competitors
A
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Imposing a unit excise tax on the final sale of a good or service can be displayed graphically as
A. a vertical shift downward of the demand curve. B. a vertical shift upward of the demand curve. C. a vertical shift upward of the supply curve. D. a vertical shift downward of the supply curve.
The way income is allocated among the population is called the
A. distribution of income. B. Gini allocation. C. income curve. D. income spread.