Which of the following is not one of the ways that antitrust laws promote competition?
a. Antitrust laws allow the government to prevent mergers.
b. Antitrust laws allow the government to break up companies into smaller ones.
c. Antitrust laws prevent companies from coordinating their activities in ways that make markets less competitive.
d. Antitrust laws allow the government to shut down any firm the government believes has monopoly power.
d
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What shape does a production possibilities frontier take if it displays increasing opportunity costs? What shape does a production possibilities frontier take if it displays constant opportunity costs? Which shape is most common in production
situations?
For a given nominal exchange rate and foreign price level, a decrease in the domestic price level ________ the real exchange rate.
A. may either increase or decrease B. decreases C. offsets any change in D. increases