Which of the Following Would Be the Most Effective Public

question 35

Multiple Choice

Which of the following would be the most effective public policy for encouraging research and development?

• A) subsidizing industries that are at a competitive disadvantage
• B) maintaining price stability and encouraging saving and investment
• C) increasing interest rates to make investment more profitable
• D) reducing resource mobility to ensure an adequate labor supply
• E) increasing the scope and extent of industrial regulation

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Definitions:

Market Revolution

A period of rapid economic transformation in the United States during the 19th century, characterized by a shift from manual labor and subsistence farming towards a more commercial and industrial economy.

Regulated Work

Employment or labor that is subject to governmental laws and regulations to ensure fair practices, safety standards, and workers' rights.

Time Zones

Regions of the Earth that have the same standard time.

Mill Girls

Women who worked at textile mills during the Industrial Revolution who enjoyed new freedoms and independence not seen before.