Which of the following best states the main criticism of the Sherman Act?

a. It was overly harsh.
b. It was unnecessary at the time.
c. It was too vague.
d. It duplicated existing law.
e. It came too late in the Industrial Revolution.


C

Economics

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Lucy invested $10,000 at the rate of 12%. According to the rule of 72, it would take ______ years for her money to double

a. 4 b. 5 c. 6 d. 7

Economics

The primary focus of U.S. farm policy has been

A. Price supports. B. Low-interest loans. C. Tax credits for mechanical equipment. D. Subsidies.

Economics

Costs associated with economic growth include all of the following EXCEPT

A. improved health care. B. environmental pollution. C. psychological problems such as depression. D. urban congestion.

Economics

To achieve long-run equilibrium in an economy with a recessionary gap, without the use of stabilization policy, the inflation rate must:

A. not change. B. increase. C. decrease. D. either increase or decrease depending on the relative shifts of AD and AS.

Economics