Which law was passed to outlaw certain practices not prohibited by the Sherman Antitrust Act?
a. the Clayton Act
b. the Smoot-Hawley Act
c. the Celler-Kefauver Anti-Merger Act
d. the Wheeler-Lea Act
e. the Federal Trade Commission Act
A
Economics
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Refer to Figure 14.1. The substitution effect of the wage increase on the amount of hours of leisure is:
A) L1 to L0 B) L1 to L2. C) L0 to L2. D) L0 to L1. E) none of the above
Economics
On a graph showing the aggregate demand and aggregate supply curves, stagflation can be represented by a:
a. leftward shift of the aggregate supply curve b. rightward shift of the aggregate supply curve. c. upward movement along the aggregate supply curve. d. rightward shift of the aggregate demand curve. e. upward movement along the aggregate demand curve.
Economics