According to Hughes and Cain (2011) ,all of the following have been primary motives throughout American history for government regulation except
A) the existence of monopoly power
B) quality control of products and services
C) funding of government activities through taxation
D) raising wages and improving working conditions
Correct Answer:
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Q33: During the colonial period,individual producers
A) were never
Q34: The economy of the northern colonies,in particular
Q35: In England,a system of established markets,the market
Q36: Placing restrictions on business opportunities through government
Q37: Most towns were initially established at locations
Q39: The rule of caveat emptor
A) is the
Q40: The "police power" of government to control
Q41: To understand how the colonial economy developed,
Q42: Explain why Eli Whitney's cotton gin,a technological
Q43: Using the concept of opportunity cost,explain why
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