The purpose of antitrust laws is to ______ concentrations of market power and ______ competition.
A.) increase; increase
B.) decrease; decrease
C.) increase; decrease
D.) decrease; increase
D.) decrease; increase
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The national defense of the United States is not rival because
a. my enjoyment of the national defense does not diminish your enjoyment of the national defense of the United States. b. my enjoyment of the national defense does diminish your enjoyment of the national defense of the United States. c. once the nation is defended, it is impossible to prevent any single person from enjoying the benefit of this defense. d. once the nation is defended, it is possible to prevent any single person from enjoying the benefit of this defense.
There are several important differences between the Fed and the European Central Bank (ECB). What are they?
What will be an ideal response?
A reduction in taxes on domestic financial investments usually leads to capital outflows.
Answer the following statement true (T) or false (F)
A firm that generates pollution is illustrated in Figure 9.7. If the government imposes a pollution tax equal to P1, the marginal benefit to the firm of abating A2 is:
A. P1. B. P2. C. P1 - P2. D. P2 - P3.