The Clayton Act of 1914
A. outlawed all mergers.
B. abolished the Sherman Act of 1890.
C. outlawed specific business practices that discouraged competition.
D. reduced the federal government's antitrust authority.
C. outlawed specific business practices that discouraged competition.
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The equality-of-sacrifice doctrine of taxation is based on the
a. increasing marginal utility of income. b. increasing marginal utility of government transfer payments. c. diminishing marginal utility of income. d. diminishing marginal utility of government transfer payments.
All other thing unchanged, when the Fed sells government bonds, it aims to shift the aggregate demand curve to the right.
a. true b. false
A large portion of foreign aid from IACs to DVCs is provided on the basis of:
A. Economic considerations B. Geographical considerations C. Humanitarian considerations D. Politico-military considerations
If we wanted to consider all the money that had been "multiplied" in the economy, we would think about:
A. hard money. B. M1. C. M2. D. None of these.