What are the main features of the Sherman Act?
What will be an ideal response?
The Sherman Act was passed in 1890, and it made it illegal to monopolize a market or engage in practices that result in a restraint of trade.
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The most basic premise of the aggregate expenditures model is that the
A. unemployment level in the economy is inversely related to the inflation rate. B. total output produced in the economy depends directly on the level of total spending. C. level of employment in the economy depends inversely on the real wage rate. D. total output produced depends mostly on the total capacity of firms to produce.
What is the equation for GDP?
When the price level falls
a. households want to lend more, so the interest rate rises making the quantity of goods and services demanded rise. b. households want to lend more, so the interest rate falls, making the quantity of goods and services demanded rise. c. households want to lend more, so the interest rate rises, making the quantity of goods and services demanded fall. d. None of the above are correct.
Older Americans living on a pension and therefore on a fixed income, tend to be made
What will be an ideal response?