Fears that the Munn v Illinois (1877) doctrine would result in excessive government control over businesses were not realized, for it actually had the effect of retarding government regulation

______________ are present if it is cheaper for one firm to produce products jointly than it is for separate firms to produce the same products independently

Fill in the blank(s) with the appropriate word(s).

A fiscal policy action to close a recessionary gap is to:

A. decrease the marginal propensity to consume. B. increase transfer payments. C. decrease government purchases. D. increase taxes.