Actions against alleged violators of the antitrust statutes may be initiated by the Justice Department, by the Federal Trade Commission, and by private plaintiffs
a. True
b. False
Indicate whether the statement is true or false
True
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Suppose that the local hospital claims that the wages of nurses are too high. Yet, the hospital has 10 nursing positions open and no applicants for the jobs. Is the hospital's claim legitimate? Why or why not?
What will be an ideal response?
Once a Nash equilibrium has been found in a game:
A. a stable outcome is impossible. B. the players have no incentive to change their choice. C. the players always have an incentive to change their choice. D. no one in the game can be made better off.
Which of the following levels of output represents equilibrium?
a. Y1
b. Y2
c. both Y1 and Y2
d. neither Y1 nor Y2
What is the proper formula for computing the GDP using the expenditure approach?
A. C + I + G + X B. 0.5(w + r) + k C. S + I + G + X D. C + O + G + S