A law that encourages market competition by prohibiting firms from gaining or exercising excessive market power is

Which of the following mechanisms helps output to return to potential after a demand shock?

a. Change in business mentality b. Change in nominal wage rate c. Large changes in the capital stock d. Inability of the price level to change e. Change in inventories

In the early days of U.S. unionization, the Knights of Labor tried to

a. form unions that represented all workers in a single occupation b. form unions that represented all workers in a single industry c. organize labor across all skills, all industries, and all regions d. give broad representation to less-skilled industrial workers e. fight racial and sexual discrimination in the labor markets