The first antitrust law in the United States was the

A) Clayton Act.
B) Contestable Markets Act.
C) the Federal Trade Commission Act.
D) Sherman Antitrust Act.

Answer: D

Economics

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The price elasticity of demand along a linear demand curve is

A) more elastic at higher prices than at low prices. B) infinite. C) one. D) constant.

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Features of "Reagonomics" include all of the following except:

a. reduction in marginal tax rates. b. increased government expenditures for defense. c. deregulation of business. d. regular increases in the minimum wage.

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