Antitrust enforcement of vertical relationships is generally focused on
a. The dominant firm using vertical contracts to extend market power to other levels of the supply chain
b. Vertical contracts that increase the intensity of competition
c. Vertical contracts that help consumers
d. All of the above
a
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Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________, 
A. Rising; B; C B. Falling; A; C C. Falling; A; B D. Rising; A; C
Suppose the nominal interest rate is 2% and the real interest rate is -3%. We can deduce that the rate of inflation is
A) 0%. B) 2%. C) 3%. D) 5%.
If the price of a movie ticket increases by 4 percent and the quantity of movies demanded falls by 2 percent, the price elasticity of demand is
A) 2.0. B) 4.0. C) 0.5. D) some amount that cannot be determined without more information.
Allowing individuals to manage a portion of their Social Security funds is
A) socialization. B) privatization. C) democratization. D) regeneration.