In part, an antitrust laws
A) provide for strict product liability.
B) prohibit charging prices that customers think are too high.
C) require firms with profits to pay dividends.
D) prohibit monopolistic practices.
D
You might also like to view...
Carefully define the following terms and explain their importance in the study of macroeconomics:
a. expenditure schedule b. saving schedule c. equilibrium GDP d. leakages schedule e. injections schedule
An example of third parties in the market of automobiles is
A) a pedestrian that is affected by the polluted air from automobiles. B) a seller of an automobile. C) a buyer of an automobile. D) None of the above belongs to third parties.
Answer the following statements true (T) or false (F)
1)The multiplier will be larger, the steeper is the saving schedule. 2) If a $100 billion increase in consumption spending creates $100 billion of new income in the first round of the multiplier process and $75 billion in the second round, the multiplier in the economy is 4. 3) The lower the marginal propensity to consume, the larger is the multiplier. 4) If households do not spend any extra income they receive but instead save the entire extra amount, then the multiplier will be zero.
Lower marginal tax rates in welfare programs will increase the incentive to work.
Answer the following statement true (T) or false (F)