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Most Economists Agree That Deregulation in the 1970s and 1980s

question 120

Multiple Choice

Most economists agree that deregulation in the 1970s and 1980s greatly benefited consumers in all of the following industries except


Definitions:

Domestic Prices

Relates to the cost of goods and services within a country's borders, which can be influenced by factors such as supply and demand, taxation, and government policies.

Euros

The official currency of the Eurozone, which is used by 19 of the 27 European Union member countries.

Tariff

A tax on imports.

Subsidy

Financial support provided by the government to businesses, individuals, or other entities, aimed at promoting economic activities or ensuring the affordability of basic goods.

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