Which Is the Most Likely Solution to Addressing the Market

question 81

Multiple Choice

Which is the most likely solution to addressing the market power of new firms such as Google and Facebook?

• A) Breaking up the firms
• B) Regulating their use of consumer data
• C) Setting a maximum price for their services
• D) Converting the firms to utilities

---

Definitions:

Official Unemployment Rate

The percentage of the labor force that is jobless and actively looking for employment, measured by government statistics.

Part-Time Workers

Individuals who are employed in positions that have fewer hours than a full-time job, typically offering less pay and fewer benefits.

2007-2009 Recession

A period of global economic downturn that began in December 2007 and ended in June 2009, marked by significant declines in economic activity worldwide.

Credit Tightening

A financial condition where lenders restrict the availability of loans, making it harder to borrow, often to curb inflation or cool down an overheating economy.