When regulators identify with the special interests of the industry they regulate, this behavior conforms with the
A) share-the-gains, share-the-pains hypothesis.
B) rate-of-return hypothesis.
C) lemon market hypothesis.
D) capture hypothesis.
Answer: D
Economics
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"Bootstrap financings" are buyouts financed by
A) the company managers' own assets. B) finance companies. C) junk bonds. D) new issuance of bonds.
Economics
The more elastic the supply of a product, the more the actual burden of a tax on the product will:
a. fall on sellers. b. fall on buyers. c. fall equally on both buyers and sellers. d. create a smaller deadweight loss (or excess burden).
Economics