Which of the following has tended to reduce the importance of antitrust law according to some economists?
A. Industrial policy
B. Conglomerate mergers
C. The rule of reason decision
D. Rapidly changing technology
D. Rapidly changing technology
You might also like to view...
In a country with 200 million people aged 16 years and older, 120 million are in the labor force, and 114 million are employed, what is the participation rate?
A. 57 percent B. 40 percent C. 95 percent D. 60 percent
________ is a group of firms that have colluded to limit their output and raise their price
A) A cartel B) An oligopoly C) A strategy D) A duopoly
You observe that more labor is employed and the wage rate increases. This set of events could have been the result of a
A) rightward shift of the labor demand curve. B) leftward shift of the labor supply curve. C) rightward shift of the labor supply curve. D) leftward shift of the labor demand curve.
The foreign exchange market is the market in which
A) foreigners buy U.S. real estate. B) foreign stocks and bonds are bought and sold. C) ideas from different countries are exchanged. D) currencies of different countries are bought and sold. E) none of the above