The first important federal law passed to regulate monopolies in the United States was the
A) Cellar-Kefauver Act.
B) Clayton Act.
C) Federal Trade Commission Act.
D) Sherman Act.
Answer: D
You might also like to view...
What is the most likely consequence when people's preference for current consumption rises in relation to future consumption?
a. Interest rates will fall, and the rate of extraction of exhaustible natural resources will decrease. b. Interest rates will fall, and the rate of extraction of exhaustible natural resources will increase. c. Interest rates will rise, and the rate of extraction of exhaustible natural resources will decrease. d. Interest rates will rise, and the rate of extraction of exhaustible natural resources will increase. e. Interest rates will fall, and there will be no effect on the rate of extraction of exhaustible natural resources.
According to the equation of exchange, a contractionary monetary policy must be adopted to offset any decrease in the velocity of money
a. True b. False Indicate whether the statement is true or false
Which of the following is a time deposit with a fixed maturity date offered by banks and other financial institutions?
A. time deposit B. savings deposit C. money market deposit account D. small-denomination certificate of deposit
The cost to firms of changing prices
A) is small even when there is rapid inflation. B) is called a menu cost. C) does not exist if inflation is perfectly anticipated. D) all of the above