Which of the following is NOT an antitrust law?
A) the Robinson-Patman Act
B) the Smoot-Hawley Act
C) the FTC Act
D) the Sherman Act
B
You might also like to view...
In the real business cycle model, an increase in current total factor productivity
A) increases investment demand. B) decreases investment demand. C) has no impact on investment demand. D) has an ambiguous effect on investment demand.
If the market interest rate equals 8 percent, the opportunity cost of the last new investment project undertaken would approximately be equal to _____
a. zero percent b. 4 percent c. infinity d. 8 percent e. 16 percent
An unemployment rate of zero percent cannot be expected because
A) there are some people who do not want to work. B) there will always be discouraged workers. C) some portion of the labor force will always be between jobs. D) cyclical unemployment will always exist.
If the Fed has announced that it plans on lowering the interest rate it will
A. engage in contractionary open market operations, thereby decreasing the money supply. B. engage in expansionary open market operations, thereby decreasing the money supply. C. engage in contractionary open market operations, thereby increasing the money supply. D. engage in expansionary open market operations, thereby increasing the money supply.