A major shortcoming of the Sherman Act was that

A. it failed to explicitly state which specific activities were illegal.
B. it was not enforced by the courts.
C. violators of the Act were forced out of business.
D. when it was passed, there were no violations, so the Supreme Court ruled it unnecessary.


Answer: A

Economics

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Which is the most likely reason why more young people from low-income regions are more likely to join the military, compared to those in high income regions?

A) They are more easily pressured by recruitment officers. B) Their opportunity costs are relatively lower. C) They are more patriotic than their richer counterparts. D) They are, to put it bluntly, more foolish than their richer counterparts.

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An international agreement from 1947 designed to lower tariffs was

A) the General Agreement on Tariffs and Trade. B) the World Trade Organization. C) the World Agreement on Tariffs and Trade. D) the Trade and Tariff Agreement.

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Two variables that systematically change together are correlated.

Answer the following statement true (T) or false (F)

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Governments grow because low income individuals cannot use the political process to redistribute income towards themselves.

A. True B. False C. Uncertain

Economics