One organization in the United States today that is exempt from antitrust laws is
A) the automobile industry.
B) professional baseball.
C) the oil industry.
D) the steel industry.
Answer: B
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Results of research conducted regarding the Moving to Opportunity program found all of the following except
A) boys and girls who moved to low-poverty neighborhoods were less likely to be arrested. B) boys who moved to low-poverty neighborhoods displayed less cruel or mean behavior. C) girls who moved to low-poverty neighborhoods had fewer behavioral difficulties. D) boys and girls who moved to low-poverty neighborhoods were less likely to be victims of crimes.
A positive cross-price elasticity between two goods implies that the two goods are substitutes.
Answer the following statement true (T) or false (F)
If excess reserves are too large, a bank is likely to
A. Borrow in the federal funds market. B. Borrow reserves from the discount window. C. Buy government securities. D. All of the choices are correct.
Refer to Scenario 19.2 below to answer the question(s) that follow.SCENARIO 19.2: An individual earning $40,000 pays $3,200 in taxes. The marginal tax rate on any income earned above $40,000 is 20%.Refer to Scenario 19.2. Suppose this person earns $60,000 and gives a tax deductible donation of $1,000 to charity. The donation will reduce her tax payment by
A. $80. B. $120. C. $200. D. $1,000.