The "Chain Store Act" is a name given to the

A. Federal Trade Commission Act.
B. Robinson-Patman Act.
C. Clayton Act.
D. Sherman Antitrust Act.


Answer: B

Economics

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A time-series graph measures

A) the value of one variable against the value of another variable. B) the value of an economic variable for different groups in a population at a point in time. C) time on the x-axis and the variable or variables in which we are interested on the y-axis. D) time on both the x-axis and y-axis and the variable or variables in which we are interested in the rest of the figure. E) time on the y-axis and the variable or variables in which we are interested on the x-axis.

Economics

The benefits a retired worker receives from Social Security are a fixed percentage of the wages he or she earned

Indicate whether the statement is true or false

Economics

Which of the following equations shows elastic demand?

a. ED = 1 b. ED >1 c. ED < 1 d. ED x 1

Economics

Which of the following is a true statement?

A. The United States has the world's largest ratio of exports to GDP. B. The United States is almost entirely dependent on other countries in obtaining items such as silk, nickel, tin, and coffee. C. U.S. exports to China greatly exceed U.S. imports from China. D. Since 1947 the United States has accounted for a rising percentage of total world trade.

Economics