Historical note: In separate court cases, ALCOA and DuPont both faced charges brought by the government that they
a. flooded the market with output to undermine its competition
b. charged excessively high prices
c. imposed illegal barriers to entry in their respective markets
d. monopolized their markets
e. sought to create monopolistic competition in their markets
D
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Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________, 
A. Rising; B; C B. Falling; A; C C. Falling; A; B D. Rising; A; C
In 1999, demonstrators representing a mix of traditional and new ideologies disrupted a major international trade meeting in Seattle of
A) the OECD. B) NAFTA. C) the WTO. D) GATT. E) the G8.
Relative to a single-price monopoly, the effect of group price discrimination on social welfare is
A) beneficial. B) detrimental. C) neutral. D) ambiguous.
A study that deals with the salaries of university professors would be considered:
A. economic naturalism B. real economics C. microeconomics D. macroeconomics