Which antitrust act prohibits price fixing and other conspiracies and combinations that restrain trade and attempts to monopolize?
a. Sherman Antitrust Act of 1890.
b. Clayton Act of 1914.
c. Federal Trade Commission Act of 1914.
d. Robinson-Patman Act of 1936.
e. Cell-Kefauver Act of 1950.
a
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Excess volatility refers to
A) the unwillingness of financial analysts to consistently recommend the same stocks. B) the greater volatility of futures prices compared to the volatility of prices of the underlying assets. C) the tendency for stocks with high rates of returns also to have quite variable returns. D) the larger movements in market prices of stock than in their fundamental values.
Assets of the commercial banking system include:
A. reserves and deposits. B. deposits. C. loans and deposits. D. reserves and loans.
A banker motivated by profit maximization may make decisions that destabilize the banking system.
Answer the following statement true (T) or false (F)
All of the following are exempt from antitrust laws EXCEPT
A. labor unions. B. oil companies. C. professional baseball. D. public utilities.