Deregulation can solve the problem of regulatory capture and increase economic efficiency:
A. If the deregulated industry quickly evolves into a monopoly
B. If the deregulated industry becomes more competitive
C. When the regulations covering the industry are tightened
D. When the industry ends up generating substantial external costs
B. If the deregulated industry becomes more competitive
Economics
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Refer to the figure above. Which apartment is the best feasible choice for the individual?
A) Apartment 1 B) Apartment 2 C) Apartment 3 D) Apartment 4
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We are interested in long-term growth primarily because it brings
A) higher price levels. B) lower price levels. C) higher standards of living. D) trade wars with our trading partners.
Economics