Today, the United States is a
I. net borrower.
II. net lender.
III. debtor nation.
IV. creditor nation.
A) I and IV
B) II and IV
C) I and III
D) II and III
C
Economics
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The second federal antitrust law was passed in 1914. This antitrust law is the
A) Clayton Act. B) Robinson-Patman Amendment. C) Cellar-Kefauver Amendment. D) Taft-Hartley Act.
Economics
If the price of prime rib falls, the income effect due to the price change will cause
A) an increase in the quantity of prime rib supplied. B) an increase in the demand for prime rib. C) an increase in the demand for flank steak, a substitute for prime rib. D) an increase in the quantity of prime rib demanded.
Economics