America's antitrust laws are used to protect competition against possible encroachment by monopoly. This is an example of government as
a. regulator of businesses.
b. buyer of goods and services.
c. tax collector.
d. redistributor.
a
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Reciprocity means:
A. responding to another's actions with a similar action. B. deriving utility from an action that will cause another's utility to increase. C. doing good things for people and asking nothing in return. D. deriving utility from the action of a stranger.
U.S. government bonds held by commercial banks are: a. government assets and commercial bank assets
b. government assets and commercial bank liabilities. c. government liabilities and commercial bank assets. d. government liabilities and commercial bank liabilities.
The predominant source of multilateral aid is:
a. the European Community. b. the United Nations. c. the Agency for International Development. d. the World Bank. e. the British government.
Which of the following is a drawback of FDIC insurance?
A. FDIC insurance leads to excess industry profits. B. FDIC insurance has failed to arrest the trend of bank failures. C. FDIC insurance leads to the problem of moral hazard. D. FDIC insurance undercuts private insurance companies.