Which antitrust law is sometimes called the "Chain Store Act"?
A. Sherman Act
B. Federal Trade Act
C. Clayton Act
D. Robinson-Patman Act
Answer: D
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If this is an open economy, the price of a car will be ________.
A. $8,000/car B. $6,000/car C. $10,000/car D. $14,000/car
The phrase, "Google stock soared Friday, continuing Wall Street's love affair with the company," implies that Google's earnings were much more than it was expected in that quarter
a. True b. False Indicate whether the statement is true or false
The Great Depression:
A. ended a few months after the stock market crash of 1929. B. occurred only in the United States. C. resulted in the development of microeconomics. D. was a period of low production and high unemployment.
Exhibit 20-5 Money, investment and product markets
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In Exhibit 20-5, if the interest rate falls from i1 to i2, investment spending will:
A. increase, and aggregate demand will shift from AD1 to AD2. B. decrease, and aggregate demand will shift from AD2 to AD1. C. remain the same, and aggregate demand will shift from AD2 to AD3. D. increase, and aggregate demand will shift from AD2 to AD1.