When producers agree to restrict output, raise the price, and increase profits, the agreement is called ________

The Aldrich-Vreeland Act of 1908 provided for temporary emergency currency for national banks

Indicate whether the statement is true or false

When generic drugs enter the market after the patent for a brand name drug expires, the price of the brand name drug often increases. This is usually due to

A) the demand curve for the brand name drug shifting in but becoming more inelastic. B) the demand curve for the brand name drug not shifting, but the marginal cost of producing the good increases. C) the demand curve for the brand name drug shifting in but becoming more elastic. D) the demand curve for the brand name drug not shifting, but loyal customers are willing to pay a higher price for the brand name drug.