Antitrust laws allow the government to
a. collect revenues through the antitrust tax.
b. break up companies.
c. purchase privately-held companies through eminent domain.
d. All of the above are correct.
b
You might also like to view...
Which statement is true?
A. The most important job of the Federal Reserve is to control our money supply. B. Our currency is issued by the United States Treasury. C. There is a reserve requirement of 12% on all checking accounts. D. None of the statements are true.
You read a study that predicts that rising oil prices projected for this summer are certain to fuel inflation. Having taken an economics class, due to this expected change in prices, you predict that spending today will _________ and aggregate demand today will _________.
Fill in the blank(s) with the appropriate word(s).
Exhibit 7-11 A firm's cost and marginal revenue curves
?
In Exhibit 7-11, when the price is $5, the firm:
A. is making an economic profit of $21. B. should produce output equal to 10. C. is breaking even. D. should produce output equal to 7.
Which of the following correctly describes the Lorenz curve??
A. ?The Lorenz curve shows that the increasing income inequality in the U.S. society is actually good for the economy. B. The Lorenz curve shows the growth rate in real median family income over time. C. ?The Lorenz curve shows the cumulative distribution of family income, ranked from the poorest to the richest families, and compares that curve with the straight line indicating perfectly equal income distribution. D. ?The Lorenz curve shows the cumulative distribution of family income, ranked from the richest to the poorest families, and compares that curve with the ideal of having all income go to the richest 5 percent of society.