Does section 2 of the Sherman Act make it a felony to "attempt" to monopolize an industry or must the attempt succeed before it is a felony?
What will be an ideal response?
Section 2 of the Sherman Act makes attempting to monopolize an industry a felony. It is not necessary for the attempt to succeed.
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Which of the following are likely to increase investment and as a result, aggregate demand?
a. decreased demand for investment goods b. falling real interest rates c. rising real interest rates d. increased business taxes
The most accurate measure of inflation as it impacts the cost of living is the _______________ Price Index.
a. Personal b. Production c. Employment d. Consumer
Each point on the demand curve indicates
a. the amount people want to buy at different income levels. b. the quantity demanded at that price. c. the amount that people need. d. the demand for the product.
Which of the following statements is true of capital gains in the U.S.?
A. Capital gains are taxed only if they are long-term. B. Capital gains are taxed only for low-income groups. C. Capital gains are taxed on accrual. D. Capital gains are forgiven at death.