All of the following are examples of illegal per se activities except which one?

A) output restrictions
B) bid rigging
C) price-fixing
D) resale price maintenance


D) resale price maintenance

Economics

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In countries that have a high degree of employment protection as measured by the World Bank's Rigidity of Employment Index, approximately ________ of jobless workers have been employed for more than one year

A) 5% B) 16% C) 27% D) 43%

Economics

The firm's overriding objective is to

A) earn a normal profit. B) maximize normal profit. C) maximize economic profit. D) maximize total revenue. E) avoid an economic loss.

Economics

How are the domestic sellers and buyers of a good affected if a country starts exporting the good?

What will be an ideal response?

Economics

When it was introduced in 1958, the Phillips curve presented policymakers with a "menu" from which they could choose the appropriate:

a. combination of monetary and fiscal policy. b. combination of inflation and unemployment. c. level of aggregate money supply. d. income tax rate.

Economics