The Sherman Antitrust Act of 1890 was passed primarily because of:
A. multiple examples of false and misleading advertising.
B. the practices of various trusts in the railroad, steel, tobacco, and oil industries.
C. the monopoly abuses committed by ALCOA.
D. the popularity and political influence of John D. Rockefeller.
Answer: B
You might also like to view...
In Germany, banks __________ shares in the large firms they lend to, which __________ lender-stockholder conflict
A) are not allowed to own; is their way of minimizing B) are not allowed to own; gives rise to C) own a considerable bloc of; is their way of minimizing D) own a considerable bloc of; gives rise to
Refer to the above table. Assuming constant opportunity costs, the opportunity cost of producing a bicycle in the United States is ________ while the opportunity cost of producing a bicycle in Mexico is ________
A) 8 computers; 10 computer B) 4 computers; 10 computers C) 5 computers; 2 computers D) 2 computers; 5 computers
A government-imposed restriction on the quantity of a good that can be imported is
A) an embargo. B) a protective tariff. C) a quota. D) a health restriction.
A good way to start every Three-Sector-Model analysis is to:
a. Describe what is happening in the foreign exchange market and then proceed to explain what happens in the other two markets simultaneously. b. Identify the economic effects that result from an economic change and then work your way backward to identify the most important part of the analysis, which is the economic shock that started it all. c. Analyze the chain reaction of economic interactions. d. Gather basic information about the three markets and describe qualitatively the economic setting in each market.