Tying contracts are illegal under the:
A. Wagner Act of 1935.
B. Clayton Act of 1914.
C. FTC Act of 1914.
D. Celler-Kefauver Act of 1950.
Answer: B
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What happens to aggregate demand as the price level increases?
a. It increases. b. It decreases. c. It remains constant. d. It moves away from equilibrium.
It's difficult to measure asset inflation because asset prices can increase when assets become more productive.
Answer the following statement true (T) or false (F)
Refer to the information provided in Figure 7.1 below to answer the following question(s). 
Figure 7.1Refer to Figure 7.1. This corn producer produces 100 bushels of corn and sells each bushel at $5. The cost of producing each bushel is $2. This corn producer's total revenue is ________ and profit is ________.
A. $200; $300 B. $300; $200 C. $500; $200 D. $500; $300
The two defining characteristics of pure private goods are
a. nonrivalry and excludability b. positive externalities and efficiency c. nonexcludability and nonrivalry d. efficiency and profitability e. rivalry and excludability