Consumer spending accounts for about 70 percent of GDP

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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The Celler-Kefauver Act of 1950 plugged a technical loophole in the Clayton Act which permitted many large horizontal mergers

a. True b. False Indicate whether the statement is true or false

Economics

The definition of efficiency implies that production is carried out on the production possibilities frontier

a. True b. False Indicate whether the statement is true or false

Economics