The aim of antitrust policy is to
a. provide adequate incentives for inventors and entrepreneurs.
b. prevent firms from acquiring or exercising undue market power.
c. prevent firms from becoming very large.
d. regulate the prices charged by oligopolies.
b
You might also like to view...
Refer to the scenario above. The net present value of buying the warranty is:
A) $99.02. B) $278. C) $135.65. D) $85.
Society has to establish priorities among its goals because of
a. lazy politicians b. manipulative politicians c. uneducated voters d. a scarcity of resources e. too many bosses and not enough workers
The distribution of income in the United States has grown substantially more unequal since about:
a. 1970 b. 1980 c. 1990 d. 2000
Answer the following statement(s) true (T) or false (F)
1. If the mpc is 0.8 and government spending increases by $10 billion, equilibrium Y will increase by $50 billion. 2. Decreasing taxes is an example of expansionary fiscal policy. 3. Most of the U.S. government debt is owed to foreign countries. 4. The HDI is an index of well-being. 5. The deficit is the sum of yearly government debts since 1776.