Antitrust cases against ________ resulted in the firm(s) being found not guilty of unreasonable conduct under the Sherman Act.
A. International Harvester
B. Eastman Kodak
C. United States Steel
D. All of the above are correct.
Answer: D
You might also like to view...
When the macroeconomic equilibrium is such that real GDP is less than potential real GDP, the economy is suffering from ________, and the government policy to eliminate this gap will ________ real GDP and ________ the price level
A) a recessionary gap; decrease; decrease B) an inflationary gap; increase; decrease C) a recessionary gap; increase; increase D) an inflationary gap; decrease; increase E) a recessionary gap; decrease; increase
All of the following would be considered a positive addition to household wealth except
A) the equity in one's home. B) the balance in your savings account. C) 500 shares of Google stock. D) a credit card balance.
In the short run, when a firm stops producing it:
A. avoids paying fixed costs. B. avoids paying variable costs. C. can avoid earning profits less than zero. D. must be that ATC is lower than market price.
An increase in personal saving as a percentage of disposable income contributes to capital deepening
Indicate whether the statement is true or false