The Clayton Act of 1914 allowed a person who successfully sued a company for damages caused by an illegal arrangement to restrain trade to recover __________ damages
Fill in the blank(s) with correct word
triple
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Other fundamental things being equal, a decrease in the exchange rate value of the domestic currency will make domestic goods
A. less competitive in the international markets. B. less expensive in the domestic market. C. more in demand internationally. D. less expensive to produce.
Which of the following is an example of a negative externality?
A. An increase in the value of land you own when a nearby development is completed B. The costs paid by a company to build an automated factory C. Falling property values in a neighborhood where a disreputable nightclub is operating D. The higher price you pay when you buy a heavily advertised product
If the demand for money and the supply of money both decrease, the equilibrium:
A. interest rate will decline, but we cannot predict the change in the equilibrium quantity of money. B. quantity of money and the equilibrium interest rate will both increase. C. quantity of money will increase, but we cannot predict the change in the equilibrium interest rate. D. quantity of money will decline, but we cannot predict the change in the equilibrium interest rate.
Related to the Economics in Practice on p. 666: When a country opens its markets to free trade, competition ________ and efficiency ________.
A. grows; improves B. grows; declines C. decreases; declines D. decreases; improves