Economists make assumptions to

a. provide issues for political discussion.
b. make a complex world easier to understand.
c. make it easier to teach economic concepts and analysis.
d. create policy alternatives that are incomplete or subject to criticism.

b

Economics

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Which of the following prohibits executives of competing firms from even talking about fixing prices?

a. Sherman Act b. Clayton Act c. Federal Trade Commission d. U.S. Justice Department

Economics

Required reserves of banks are a fixed percentage of their

A. loans. B. assets. C. deposits. D. All of these responses are correct.

Economics