Congress established the ________ to investigate "…the organization, business conduct, practices, and management" of companies that engage in interstate commerce.
A. Interstate Commerce Commission
B. Antitrust Division of the Justice Department
C. Federal Trade Commission
D. National Transportation Board
Answer: C
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Does the Federal Reserve conduct both the nation's monetary policy and its fiscal policy?
What will be an ideal response?
In the European Union, resale price maintenance is generally illegal is the selling firm has more than a ________ percent market share of the product being sold or the buying firm makes more than a ________ percent market share of the product purchases.
A) 30; 30 B) 50; 50 C) 30; 50 D) 50; 30
If a racial group exhibits lower scores on IQ tests, this is evidence of their reduced intelligence
Indicate whether the statement is true or false
In the short run
a. new firms may enter an industry. b. existing firms may change the quantity they are supplying. c. price and quantity supplied are absolutely fixed. d. quantity supplied is absolutely fixed.