The intention of deregulating markets such as air passenger transport in the late 1980s and early 1990s was to a. improve returns to shareholders. b. provide greater consumer choice and lower prices c. increase labour market flexibility. d. increase tax revenue.
The intention of deregulating markets such as air passenger transport in the late 1980s and early 1990s was to a. improve returns to shareholders. b. provide greater consumer choice and lower prices c. increase labour market flexibility. d. increase tax revenue.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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The intention of deregulating markets such as air passenger transport in the late 1980s and early 1990s was to
a. improve returns to shareholders.
b. provide greater consumer choice and lower prices
c. increase labour market flexibility.
d. increase tax revenue.
A key factor in the incomes of the Roman Empire being slightly higher compared to after the fall of the Roman Empire was because
a. double entry book keeping meant firms could trade with certainty.
b. the known world was relatively open to trade.
c. government spending was low.
d. there were well developed credit markets.
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