The Clayton Act:
a. was passed in 1890.
b. created the Federal Trade Commission.
c. abolished antitrust policy in this country.
d. attempted to give explicit content to what formed an antitrust violation.
e. made mergers between corporations illegal.
d
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In the decade leading up to the financial crisis of 2008, U.S. housing prices:
A. were falling sharply. B. were rising rapidly. C. increased slowly. D. did not change.
This Application showed that
A) the WTO can affect the actions of member countries, but rapid resolution of disputes requires ongoing negotiations between countries. B) decisions by the WTO can lead to further conflicts between countries. C) it may take years for decisions by the WTO to take effect. D) all of the above
Until Congress began to periodically raise benefit levels to adjust for inflation, the first recipients of Social Security checks:
A. lost value over time, because the payments were not adjusted for inflation. B. received a fixed amount that caused their real income to decline. C. grew poorer over time, because the payments were nominal amounts. D. All of these statements are true.
In which of the following would the richest tenth of the population be most likely to receive the highest percentage of the country's income?
A. Canada. B. Botswana. C. Germany. D. Sweden.