The Robinson-Patman Act of 1936 amended the:
a. Sherman Act
b. Clayton Act.
c. Federal Trade Commission Act.
d. Wagner Act.
b
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Productivity growth is closely linked to the average level of:
a. age. b. education. c. technology. d. wages.
An economy in which output has decreased and prices have decreased would suggest a:
A. decrease in short-run aggregate supply. B. increase in aggregate demand. C. increase in short-run aggregate supply. D. decrease in aggregate demand.
The supply of labor to the individual firm in a perfectly competitive market is
A. perfectly inelastic at the current equilibrium employment level. B. equal to the marginal revenue of output. C. downward sloping. D. perfectly elastic at the current market clearing wage rate.
The current Debt to GDP level in the U.S.
A) is higher than they it has ever been B) is the highest in the world C) is about 100% D) grows at about $10 billion per year