What is the relationship between the Sherman Antitrust Act and the Clayton Act?
A) The Clayton Act was the first act passed and the Sherman Antitrust Act was the second.
B) The Sherman Antitrust Act encouraged competition among firms in the U.S. while the Clayton Act encouraged competition among foreign firms.
C) The Clayton Act strengthened the Sherman Antitrust Act by limiting some very specific business practices.
D) Both Acts deal with issues of setting price and quantity for regulated industries.
Answer: C
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_____ a cornerstone of the market economy
a. Mutually beneficial exchange is b. A strong central bank c. Monopoly rents are d. Government regulation is