The aggregate demand curve is downward sloping because a higher price level induces producers to produce more

The difference between a Treasury bill and a Treasury bond is that the bill

A) can be purchased by anyone, and the bond can be purchased by U.S. citizens only. B) is insured, and the bond is not. C) pays more than the bond. D) pays no interest. E) is short-term, and the bond is long-term.

Under U.S. antitrust law, a consent decree allows a firm to

a. admit to an antitrust violation without penalty b. admit to an antitrust violation without a lawsuit c. challenge the government's accusation in court d. cease the alleged wrongdoing without admitting guilt e. cease the alleged wrongdoing only by admitting guilt