The Supreme Court's decision in the Standard Oil of New Jersey case was
A. to break up the company.
B. to force the company to send refund checks to customers.
C. to increase the fine imposed by a lower court.
D. to force the company to pay $10 billion in fines.
Answer: A
You might also like to view...
Money demand behavior may
A) change as a result of demographic trends or financial innovations such as electronic cash-transfer facilities. B) change only as a result of demographic trends. C) change only as a result of financial innovations such as electronic cash-transfer facilities. D) not change as a result of demographic trends or financial innovations such as electronic cash-transfer facilities. E) change as a result of demographic trends but not as a result of financial innovations such as electronic cash-transfer facilities.
A decrease in taxes on interest income would increase the interest rate
a. True b. False Indicate whether the statement is true or false
Monopoly profit is not a social problem because
a. the size of the economic pie grows when monopoly profits increase. b. producers are more efficient than consumers. c. the profit represents a transfer from the consumer to the producer with no loss in total surplus. d. None of the above are correct.
The Samuelson-Solow version of the Phillips curve states that
A) there is an inverse relationship between the wage inflation rateand unemployment B) there is a direct relationship between the wage inflation rateand unemployment. C) there is an inverse relationship between price inflation andunemployment. D) there is a direct relationship between price inflation and unemployment. E) a and b