The agency that deals with issues of "unfair and deceptive acts or practices in commerce" is the
A. Federal Trade Commission.
B. Federal Advertising Commission.
C. Federal Products Commission.
D. Federal Consumer Protection Agency.
Answer: A
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Today, the full-employment unemployment rate in the United States is generally agreed to be
a. 2 to 3 percent. b. 3 to 4 percent. c. 4 to 5 percent. d. 5 to 6 percent.
In the open-economy macroeconomic model, other things the same, when a U.S. resident imports a foreign good, the demand for dollars in the foreign-currency exchange market decreases
a. True b. False Indicate whether the statement is true or false
If company A and B combine under single ownership of control, this would be a __________ merger.
A) horizontal B) vertical C) conglomerate D) Herfindahl E) There is not enough information to answer the question.
During a recession, the overall unemployment rate
A. equals the inflation rate. B. falls below the natural rate of unemployment. C. falls rapidly. D. exceeds the natural rate of unemployment.