Cases involving unequal pay for equal work and unequal access to promotion are monitored by:
a. the Council of Economic Advisors.
b. the Equal Employment Opportunity Commission.
c. the Federal Trade Commission
d. the Social Security Administration.
b
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Checking account deposits are counted in M1, but savings account deposits are not because
A) checking deposits can be used for payment; cash in savings cannot. B) checking deposits are a form of consumption; savings deposits are a form of investments. C) Trick question! Neither type is counted in M1. D) Trick question! Both deposit types are counted in M1.
When a firm obtains market power through barriers to entry created not by the firm, but by the government, it is referred to as:
A) legal market power. B) regulated market power. C) firm-biased market power. D) differentiated market power.