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NEW QUESTION: 1
Mary Andrews and Drew McClure are economists for Gasden Econometrics. Gasden provides economic consulting and forecasting services for governments, corporations and small businesses. Andrews and McClure are currently consulting for the developing country of Wakulla, which is considering imposing new regulations on its businesses.
Due to increases in industrial production in the country, the demand for electricity has increased.
Unfortunately the cost of electricity has increased as well, and the Wakullian government is considering regulating the electrical utility industry by limiting the amount producers can charge. The price limits would be established so that the utilities can set their own prices as long as they do not earn a return on invested capital that is higher than the average Wakullian business.
The Wakullian government has also proposed stiffer environmental regulations on its firms because the level of air quality has declined in its largest cities. Andrews advises that this regulation is likely to increase production costs that will burden smaller businesses more than larger businesses, and thus can adversely affect competition within an industry. The higher production cost from the environmental regulation will ultimately be borne by consumers, she asserts.
One of the concerns of the Wakullian government is that previous regulation of the economy has been ineffective. For example, when the automobile industry was required to increase the fuel efficiency of passenger vehicles, they increased the weight of some vehicles so more could be classified as trucks, instead of passenger vehicles. The trucks were not subject to the regulation and as a result, fuel efficiency actually declined in the country due to the heavier weight of trucks. McClure comments that the regulation should have been written so that the regulation would be more effective.
McClure gives another example of an ineffective regulation from the automobile industry. When airbags were required in automobiles, consumers started wearing their seat belt less often and driving at higher speeds because the airbags gave them a feeling of greater safety. Consequently, driving fatalities and injuries did not decline as much as expected.
Some regulation, Andrews states, is limited in effectiveness when the regulators are chosen from the industry that is regulated. For example, Andrews states that, due to the level of scientific knowledge needed, many regulatory bodies for the pharmaceutical industry are dominated by former drug company executives and scientists. She states that, according to the share-the-gains, share-the-pains theory, regulatory decisions tend to favor the drug industry because of the close relationship between the industry and the regulator.
McClure adds that another example of regulatory ineffectiveness is when telephone companies go before their regulatory bodies to ask for rate increases. He states ihat according to the capture hypothesis, telephone companies will have greater economic resources and more at stake than individual consumers.
As a result, the regulatory decisions tend to favor the telephone industry.
The Wakullian government is considering some of the country's industries. To illustrate the potential costs and benefits of deregulation to the Wakullian government, Andrews and McClure compose a matrix of the potential consequences of deregulation. In the matrix, three scenarios of possible economic consequences are presented in Exhibit 1.
Regarding the statements made by Andrews and McClure on regulation in the drug industry and the telephone industry, are both statements correct?
A. No, both Andrew's and McClure's statements are incorrect.
B. No, only McClure's statement is correct.
C. Yes.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Andrew's statement is incorrect. Although the effect Andrews describes exists, it is most consistent with the capture hypothesis, not the share-the-gains, share-the-pains theory. In the share-the-gains, share-thc- pains theory, the pains and gains of regulation would be shared equally between the industry and consumer. According to Andrews, the regulatory decisions favor the drug industry. In the capture hypothesis, this can be due to the fact that the regulatory bodies tend to have members who used to work in the industry.
McClure's statement is correct. The capture hypothesis also states that regulatory decisions will favor industry because the industry has greater economic resources and incentives than consumers. This is the case here with the telephone industry. (Study Session 4, LOS 15.c)
NEW QUESTION: 2
HOTSPOT
Your network contains an Active Directory domain.
All client computers obtain their IP address automatically.
You install the Windows Deployment Services (WDS) server role on a server named
WDS1.
You add a Windows Server 2008 R2 Service Pack 1 (SP1) boot image and an install image
to WDS.
You attempt to deploy Windows Server 2008 R2 SP1 to a new client computer by using
WDS.
When you start the new client computer from the network, you receive the error message
shown in the exhibit. (Click the Exhibit button.)
You need to ensure that you can install Windows Server 2008 R2 SP1 on the new client
computer by using WDS.
What should you configure?
To answer, select the appropriate tab in the answer area.
Answer:
Explanation:
NEW QUESTION: 3
Windows Server 2016을 실행하는 VM1이라는 시스템이 있습니다. VM1은 RDS (원격 데스크톱 서비스) 서버입니다.
네트워크를 통해 VM1에 연결하는 데 TCP 포트 3389 만 사용할 수 있는지 확인해야 합니다.
Hyper-V 호스트에서 어떤 명령을 실행해야 합니까? 답변하려면 답변 영역에서 적절한 옵션을 선택하십시오.
Answer:
Explanation:
설명
NEW QUESTION: 4
You are playing around with setting up stacks using JSON templates in CloudFormation to try and understand them a little better. You have set up about 5 or 6 but now start to wonder if you are being charged for these stacks.
What is AWS's billing policy regarding stack resources?
A. You are not charged for the stack resources if they are not taking any traffic.
B. You are charged for the stack resources for the time they were operating (but not if you deleted the stack within 30 minutes)
C. You are charged for the stack resources for the time they were operating (but not if you deleted the stack within 60 minutes)
D. You are charged for the stack resources for the time they were operating (even if you deleted the stack right away)
Answer: D
Explanation:
Explanation/Reference:
Explanation:
A stack is a collection of AWS resources that you can manage as a single unit. In other words, you can create, update, or delete a collection of resources by creating, updating, or deleting stacks. All the resources in a stack are defined by the stack's AWS CloudFormation template. A stack, for instance, can include all the resources required to run a web application, such as a web server, a database, and networking rules. If you no longer require that web application, you can simply delete the stack, and all of its related resources are deleted. You are charged for the stack resources for the time they were operating (even if you deleted the stack right away).
http://docs.aws.amazon.com/AWSCloudFormation/latest/UserGuide/stacks.html
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