There is statistical evidence to suggest that under English rule, colonists experienced
(a) financial chaos.
(b) economic harm in terms of commerce,
trade and investment.
(c) growth and prosperity.
(d) all of the above.
(c)
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The main goal of the Clayton Act was to
A. make restraint of trade illegal. B. limit mergers and price-fixing contracts. C. limit competition among small firms. D. make deceptive practices illegal.
The federal government has major assistance programs aimed at providing all of the following goods, except one. Which is the exception?
a. housing b. energy c. school lunches d. clothing e. food
The reduction in private borrowing that is caused by an increase in government borrowing is called:
A. surplus investment. B. the savings effect. C. the dissaving effect. D. the crowding out effect.
Which of the following is not held constant along a given demand curve for a good?
A. Consumer tastes. B. Price of the good itself (own price). C. Consumer's income. D. The price of substitute goods.