The Packers and Stockyards Act of 1921
A) reinforced antitrust laws regarding livestock marketing.
B) established the Packers and Stockyards Administration, still exists today.
C) was the principal legislation exempting cooperatives from antitrust laws.
D) Both A and C
Answer: A
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The United States can reduce its trade deficit by limiting imports through tariffs
a. True b. False Indicate whether the statement is true or false
Early settlers in the town of Dry Gulch drilled wells to pump as much water as they wanted from the single aquifer beneath the town. (An aquifer is an underground body of water.) As more people settled in Dry Gulch, the aquifer level fell and new wells had to be drilled deeper at higher cost. Compared to a town in which all residents collectively decide on how much water to use, water use will likely be ________ in Dry Gulch.
A. higher B. the same C. the same or lower D. lower
Which is a determinant of demand?
a. Production costs b. Technology c. Amount of economic resources d. Number of buyers
Explain Okun's Law
What will be an ideal response?