The Sherman Act

a. created the Federal Trade Commission
b. established the Department of Justice Guidelines
c. regulated railroad and trucking industries
d. outlawed restraints of trade
e. forbade price discrimination

D

Economics

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Is fiscal policy more or less effective in manipulating aggregate demand in an open economy?

What will be an ideal response?

Economics

Which of the following assessments is correct based on the information presented in Exhibit 3?


a. Calvin has an absolute advantage in food production.
b. Calvin has a lower opportunity cost in cloth production.
c. Wendy has a higher opportunity cost in food production.
d. Wendy has a comparative advantage in cloth production.

Economics