The Federal Trade Commission is responsible for enforcing
A. interstate commerce.
B. health care.
C. antitrust law.
D. communications law.
Answer: C
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Refer to the figure below. In response to gradually falling inflation, this economy will eventually move from its short-run equilibrium to its long-run equilibrium. Graphically, this would be seen as 
A. long-run aggregate supply shifting leftward B. Short-run aggregate supply shifting upward C. Short-run aggregate supply shifting downward D. Aggregate demand shifting leftward
One reason the U.S. government is sensitive to demands by the elderly is that the elderly have higher voter participation rates than members of other age groups
a. True b. False
What is the effect on velocity if payments are made more often?
a. It will decrease. b. It will increase. c. It will remain constant. d. Velocity is unrelated to payments.
This graph represents the cost and revenue curves of a firm in a perfectly competitive market.
According to the graph shown, what is the market price?
A. P1 B. P2 C. P3 D. Cannot tell from the graph.