Which antitrust act provided that parties could sue for and, if successful, collect triple damages from monopolistic firms?
A. Wheeler-Lea Act
B. Sherman Act
C. Clayton Act
D. Celler-Kefauver Act
Answer: B
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The productivity curve
A) has a positive slope. B) has a negative slope. C) is vertical. D) is horizontal. E) is U-shaped.
Which of the following is not a category of consumption spending in the national income accounts?
A) Consumer durables B) Nondurable goods C) Services D) Housing purchases
Porter's five forces model is trying to identify things that leads to a company's success
Indicate whether the statement is true or false
What could be a reason for a rising inflation rate?
a. A decrease in government spending b. A supply shock that shifts the aggregate supply curve downward c. Unemployment below the natural rate d. Growing consumer pessimism e. A negative spending shock