The federal law that prohibits, among other things, conspiracies in restraint of trade, monopolization, or combinations or conspiracies to monopolize is the:
A) Sherman Act of 1890.
B) Clayton Act of 1914.
C) Federal Trade Commission Act of 1914.
D) Celler-Kefauver Act of 1950.
A
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An advantage of the establishment survey over the household survey of the labor market is that the establishment survey
A) includes the number of self-employed persons. B) provides an estimate of the number of persons unemployed. C) is based on actual payrolls, rather than on unverified answers. D) includes persons employed at newly opened firms.
Labor-saving technological advances increase the marginal productivity of labor
a. True b. False Indicate whether the statement is true or false
Exhibit 5-4 Demand curves for silver
?
Assume that a wealthy buyer, Mr. Hunt, declares that he will purchase any amount of silver at a price of $125 an ounce. In Exhibit 5-4, which graph illustrates the shape of the demand curve for silver?
A. Graph A. B. Graph B. C. Graph C. D. Graph D.
Payroll taxes are ultimately borne entirely by workers.
Answer the following statement true (T) or false (F)