The Clayton Act outlawed tying contracts, price discrimination, and all mergers.
Answer the following statement true (T) or false (F)
False
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How are scarce housing resources allocated when a rent ceiling is in place?
What will be an ideal response?
An accounting identity is
A) when the balance of payments is running a surplus or deficits. B) when the balance of trade is in surplus or deficit. C) an expression of values that are equivalent by definition. D) special drawing rights.
If the Fed decides to buy T-bills, it increases the demand for T-bills. How will this affect the price of T-bills and the interest rate?
a. T-bill prices fall and interest rates fall. b. T-bill prices rise and interest rates rise. c. T-bill prices rise and interest rates fall. d. T-bill prices fall and interest rates rise.
Suppose the demand for peaches decreases. What will happen to producer surplus in the market for peaches?
a. It increases. b. It decreases. c. It remains unchanged. d. It may increase, decrease, or remain unchanged.