When a tax is imposed on buyers, consumer surplus and producer surplus both decrease

Antitrust laws in the United States

A) are an attempt to foster competition. B) are not necessary in the twenty-first century. C) have not been used in the past twenty-five years. D) are the same as the laws in the European Union.

Which of the following is true of the labor force participation rate? a. When workers become unemployed, the labor force participation rate declines

b. When the unemployed become discouraged workers, the labor force participation rate declines. c. When workers do not fully use their skills, the labor force participation rate decreases. d. Since the 1950s, the labor force participation rate of women has decreased in the United States. e. The trend toward earlier retirement has increased the labor force participation rate in the United States.