This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Cab drivers operating from JFK Airport to the City of New York legally must charge a specific fare. ... (Read 35 times)

JMatthes

  • Hero Member
  • *****
  • Posts: 578
on: Jun 29, 2018
Cab drivers operating from JFK Airport to the City of New York legally must charge a specific fare. This is an example of
 
  A) social regulation.
  B) economic regulation.
  C) the market share test.
  D) the rate of return test.

Question 2

Explain the role of economic freedom in economic development.
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Sweetkitty24130

  • Sr. Member
  • ****
  • Posts: 291
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

Economic freedom is a measurement of the extent to which one can pursue economic activity without interference from government. Economic freedom is based upon personal choice, voluntary exchange, and the security of property rights. Economic freedom stimulates economic growth when the markets are competitive. Greater economic freedom encourages investment, which in turn, creates jobs and economic growth.


JMatthes

  • Member
  • Posts: 578
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

sarah_brady415

  • Member
  • Posts: 328
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Mosaic of Charge-Coupled Devices (CCDs) Mosaic of Charge-Coupled Devices (CCDs)
L. Frank Baum, author of The Wonderful Wizard of Oz (1900) and a fan of William Jennings Bryan, perh L. Frank Baum, author of The Wonderful Wizard of Oz (1900) and a fan of William Jennings Bryan, perh
Start the fuel injector cleaning process by bringing the vehicle’s engine up to operating ... Start the fuel injector cleaning process by bringing the vehicle’s engine up to operating ...
An example of the key features of pesticide labels. The EPA requires the inclusion of specific ... An example of the key features of pesticide labels. The EPA requires the inclusion of specific ...
Benin City Palace Ancestral Altar Dedicated to Oba Ovonramwen Benin City Palace Ancestral Altar Dedicated to Oba Ovonramwen
Allele-specific oligonucleotide (ASO) testing for the -globin gene and sickle-cell anemia Allele-specific oligonucleotide (ASO) testing for the -globin gene and sickle-cell anemia
Video: Secondary and tertiary levels of protein structure Animation

For a complete list of videos, visit our video library