If 2010 is the base year in the table shown above, what is the price index for the year 2010?
A) 100.0
B) 121.3
C) 147.1
D) 141.7
A
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Thomas Malthus was an economist who contributed to the ________ theory of growth
A) neoclassical B) Keynesian C) new growth D) socialist E) classical
Producers of DVDs are able to lower the wage rate that they pay to their workers. You predict that the
A) price will rise. B) quantity supplied will decrease. C) supply curve will shift leftward. D) supply curve will shift rightward.
The highest tariff rates of the twentieth century in the United States arose as a result of which law?
A) the Robinson-Patman Act B) the Tariff of Abominations Act C) the Wheeler-Lea Act D) the Smoot-Hawley Act
One of the reasons fewer antitrust cases have been brought before the courts is:
A. union workers have gained more power. B. antitrust laws have been preemptively effective. C. foreign goods comprise a larger share of goods purchased. D. the market is more competitive.