Under U.S. antitrust law, a consent decree allows a firm to
a. admit to an antitrust violation without penalty
b. admit to an antitrust violation without a lawsuit
c. challenge the government's accusation in court
d. cease the alleged wrongdoing without admitting guilt
e. cease the alleged wrongdoing only by admitting guilt
D
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Through war, many of the factories in country 1 are destroyed and many of its people are killed. As a result, the country's
A) production possibilities frontier (PPF) after the war has probably shifted to the right compared to its PPF prior to the war. B) PPF after the war has probably shifted to the left compared to its PPF prior to the war. C) PPF after the war is probably the same PPF as before the war. D) ability to produce goods and services has increased. E) b and d
Economists use the term "money" to refer to
a. all wealth. b. all assets, including real assets and financial assets. c. all financial assets, but not real assets. d. those types of wealth that are regularly accepted by sellers in exchange for goods and services.