Which of the Following Would Be Most Likely to Give

question 136

Multiple Choice

Which of the following would be most likely to give the American public more air travel at a lower cost?

• A) Reregulate the airline market by reestablishing the CAB.
• B) Allow foreign airlines to enter the U.S. market.
• C) Limit entry of new firms to allow the current firms to gain greater financial strength.
• D) Subsidize research and development and purchases of new airplanes for the major existing airlines. Increasing the supply of airlines would decrease the price of air travel.

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Definitions:

European Union

A political and economic union of 27 European countries that are located primarily in Europe, with policies to ensure free movement of people, goods, services, and capital among the member states.

Cultural More

A widely held social norm that dictates the appropriate or expected behaviors within a society.

Cultural Capital

The accumulation of knowledge, behaviors, and skills that one can tap into to demonstrate one's cultural competence, and thus social status.

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A special right, advantage, or immunity granted or available only to a particular person or group of people.