Which two pieces of legislation were passed in 1914?
a. Sherman Antitrust and Clayton Act
b. Clayton Act and Robinson-Patman Act
c. Robinson-Patman Act and Celler-Kefauver Act
d. Clayton Act and Federal Trade Commission Act
e. Sherman Antitrust Act and Federal Trade Commission Act.
D
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Bill just graduated with his degree in economics. Through Career Services he submitted his resume to several companies and he will visit them during the next two weeks. Bill is considered
A) not in the labor force. B) frictionally unemployed. C) structurally unemployed. D) cyclically unemployed. E) employed because he is visiting firms.
People pursue ________ projects in the market and ________ projects in government
A) their own; their own B) their own; others' C) private; public D) individualistic; socialistic
Goods that are not rival in consumption, but are excludable are:
A. a common resource. B. an artificially scarce good. C. a public good. D. a private good.
When supply falls and demand remains the same, equilibrium price _______ and equilibrium quantity __________.
Fill in the blank(s) with the appropriate word(s).