If the government places a price ceiling on cancer-treating drugs, then
A. Fewer cancer treating drugs will be available.
B. Fewer people will die from cancer.
C. There will be no change in the number of people who die from cancer.
D. The supply of cancer-treating drugs will increase.
Answer: A
Economics
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The major distinction between the experiments and quasi-experiments chapter and earlier chapters is the
A) frequent use of binary variables. B) type of data analyzed and the special opportunities and challenges posed when analyzing experiments and quasi-experiments. C) superiority of TSLS over OLS. D) use of heteroskedasticity-robust standard errors.
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When a court uses the per se rule to interpret the Sherman Antitrust Act, its ruling is based on market conduct alone
a. True b. False
Economics