The first antitrust law in the United States was the
A. Sherman Antitrust Act.
B. Clayton Act.
C. Contestable Markets Act.
D. the Federal Trade Commission Act.
Answer: A
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Brand names help
A) create commodities. B) maintain market power. C) create competition. D) keep economic profits at zero.
A tax that is higher for men than for women violates the criterion of
a. horizontal equity. b. vertical equity. c. the ability-to-pay principle. d. the marriage tax.
Which is the smallest American labor union?
A. The International Brotherhood of Teamsters B. The National Education Association C. The Service Employees International Union D. United Auto Workers
Which of the following statements is TRUE?
A. saving = personal income - consumption B. investment = disposable income + consumption C. saving = disposable income - consumption D. saving = personal income + consumption