第十七章测试
1.In markets like electricity, telecommunications, airlines, railroads, and water, firms are, or have been, subject to varying degrees of economic regulation. ( )
A:错 B:对
答案:B
2.Organizational policies have two distinct categories to deal with the problem of monopoly: antitrust policy for ordinary markets and regulation for natural-monopoly utility markets.
A:错 B:对 3.Harvard School economists argued that increased efficiency led to increased market power and increased profits. They believe in the efficiency of markets in the absence of government intervention.
A:错 B:对 4.Regulation is organizational policy dealing with the problem of monopoly for ordinary markets.
A:错 B:对 5.Chicago School economists argued that increased efficiency led to increased market power and increased profits. They believe in the efficiency of markets in the absence of government intervention.
A:错 B:对 6.The initial economic rationale for regulation was based on the existence of large economies of scale. ( )
A:对 B:错 7.Fair rate of return should be as high as possible.( )
A:错 B:对 8.Deregulation is the act or process of imposing regulations and restrictions on something (such as an industry) that was previously deregulated. ( )
A:错 B:对 9. Rate of return regulation causes serious efficiency problems. With revenue guaranteed, there is little incentive for the utility to minimize costs, and this encourages X-inefficiency. ( )
A:对 B:错 10.Libertarians feel that there has been little progress on deregulation in recent decades. ( )
A:对 B:错

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