Life insurance companies are supervised and regulated by the

A) Federal Home Loan Bank Board.
B) Securities and Exchange Commission.
C) states in which they operate.
D) Federal Reserve.

C

Economics

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The first discussion of comparative advantage appears in a book written by

A) Paul Samuelson. B) David Ricardo. C) David Portugal. D) Adam Smith.

Economics

Describe the effects of an oil price shock in a Keynesian model; why are such supply shocks difficult to handle using macroeconomic stabilization policies?

What will be an ideal response?

Economics