The Sherman Antitrust Act of 1890 is the federal antitrust law that prohibits:
a. monopolization and conspiracies to restrain trade.
b. mergers the substantially lessen competition.
c. exclusive dealing, tying contracts, and interlocking directorates.
d. unfair methods of competition in commerce.
a
You might also like to view...
When economists describe "a market," they mean
A. any place where stocks and bonds are traded. B. a hypothetical place where the production of goods and services occurs. C. a communication network that allows individuals to keep in touch with each other. D. any place where, or mechanism by which, buyers and sellers interact to trade goods, services, or resources.
In a Prisoners' Dilemma, both players are willing to pay to be forced to cooperate.
Answer the following statement true (T) or false (F)
To increase future living standards by pursuing higher current rates of investment spending, an economy must:
A. decrease the amount of future research and development spending. B. allow higher rates of current consumption. C. reduce current rates of consumption spending. D. reduce the current capital stock.
The labor force includes individuals who are:I.EmployedII.UnemployedIII.Discouraged workers
A. I only B. Both I and II C. Both I and III D. All I, II and III