If a market has more than one seller, but fewer sellers than under perfect competition, it is referred to as

In the United States, in the early 1800s,

A) Southern farmers favored high tariffs while Northern manufacturers opposed them. B) all sectors opposed high tariffs. C) all sectors favored high tariffs. D) Southern farmers opposed high tariffs while Northern manufacturers favored them.

Which of the following statements about the Humphrey-Hawkins Act of 1978 is not true?

a. It is based on neo-Keynesian ideas concerning inflation and employment. b. Its central idea can be depicted in a Phillips curve. c. It views 4 percent as an acceptable and reasonable unemployment rate target. d. It views 7 percent as an acceptable and reasonable inflation rate target. e. It is related to ideas associated with the natural rate of unemployment.