One undesirable effect of social regulation is that it

A) affects smaller firms disproportionately, creating anticompetitive effects.
B) destroys incentives for firms to engage in marginal cost pricing.
C) raises prices of goods to consumers, while lowering prices to business and special interest groups.
D) reduces the effectiveness of economic regulation.

Answer: A

Economics

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Criteria used to predict the benefits of fixed exchange rates can be applied to benefits from an optimum currency union. Generally, benefits are higher whenever the:

A) home country has balanced trade with its union partners. B) home country's economy is dissimilar to that of its union partners. C) home country's economy is similar to that of its union partners and it suffers similar types of economic "shocks." D) home country has large and growing trade imbalances with its union partners.

Economics

The Paris Club refers to the irregular meetings of creditor governments with debtor nations

Indicate whether the statement is true or false

Economics