U.S. antitrust laws view monopolies as undesirable because
A) monopolies restrain trade and promote inefficiencies.
B) monopolies create inferior products.
C) monopolies produce only capital goods.
D) monopolies produce only cheap, low quality goods.
A
Economics
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What is the major reason for oil price to go up in the 1970s?
A) formation of the OPEC B) fast of growth of emerging economies C) new energy D) higher demand from the US
Economics
Refer to Exhibit 16-5. If the economy is at point 6, and the natural unemployment rate exists at points 1, 4, and 5, it follows that Group of answer choices
A) Real GDP is greater than Natural Real GDP. B) Real GDP is less than Natural Real GDP. C) Real GDP is the same as Natural Real GDP. D) the economy is in a recessionary gap. E) b and d
Economics