For endangered species, the federal government
A. has the right to regulate activities on private land to save the species from extinction.
B. will capture a pair of animals so that the species does not become extinct.
C. can only protect the animal on federal property because of common property issues.
D. turns over the protection of an endangered species to the state authorities where the species lives.
Answer: A
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In modern economies, the supply of money depends mainly on the economy's ________
A) tax rates B) mining of precious metals C) net exports D) growth of output of goods and services E) none of the above
Which of the following U.S. antitrust laws prohibits mergers through the acquisition of a firm's assets if the merger would lessen competition?
a. the Sherman Antitrust Act b. the Clayton Act c. the Robinson-Patman Act d. the Celler-Kefauver Anti-Merger Act e. the Federal Trade Commission Act
________ determine(s) which products have been produced within a free-trade area and which products have been produced outside the area and therefore are subject to trade barriers.
A. Rules of origin B. Trade diversion C. The most favored nation principle D. Trade creation
According to the law of demand, the quantity demanded of a good is related to
A) the average price of all goods. B) income. C) any factor that affects the decision of an individual consumer but not the market. D) the relative price of that good.