One of the agencies responsible for enforcement of antitrust policy is
A) the Trust Division of Congress.
B) the Federal Trade Commission.
C) the World Trade Organization.
D) the Food and Drug Administration.
Answer: B
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Why is the indifference curve convex or bowed inward?
A. As you consume more of one good you are willing to give up less of the other good. B. As you consume less of one good you are willing to give up less of the other good. C. As you consume more of one good you are willing to give up more of the other good. D. As you consume more of one good you are willing to give up half of the other good.
The narrowly-defined money supply in the U.S., called M1, does not include which of the following?
A) Coins in circulation B) Currency in circulation C) Currency in the vaults of commercial banks D) Demand deposit liabilities of commercial banks
Which of the following categories accounted for the largest percentage of total federal government expenditures in recent years?
a. Income security. b. National defense. c. Education and health. d. Interest on the national debt.
Which of the following is an example of nonmarket work?
a. working as a secretary for an oil and gas corporation b. growing your own vegetable garden c. going to school to learn Spanish d. both B and C are examples of nonmarket work