The first important law regulating monopolies in the United States was
A) the Clayton Act, which was passed in 1890.
B) the Sherman Act, which was passed in 1890.
C) the Grant Act, which was passed in 1890.
D) the Federal Trade Commission Act, which was passed in 1914.
B
Economics
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The expectations theory
A) has difficulty explaining why U.S. Treasury securities have lower yields than corporate bonds. B) has difficulty explaining why yields on bonds of different maturities move together. C) has difficulty explaining why yield curves usually slope upward. D) accounts well for the fact that yield curves usually slope upward.
Economics
Economists define technology as
A) machines such as computers. B) entrepreneurship. C) absolute advantage. D) society's knowledge concerning the production of goods.
Economics