One organization in the United States today that is exempt from antitrust laws is

A) the automobile industry.
B) professional baseball.
C) the oil industry.
D) the steel industry.

Answer: B

Economics

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The size of the underground economy would tend to decrease if the government of a country

A) decreased government regulations on businesses. B) made over-the-counter drugs illegal. C) increased income tax rates. D) increased business taxes.

Economics

Just-in-time production and inventory control can result in:

A. excess inventories that mess up production schedules. B. a fall in inventories and an increase in efficiency. C. a lack of coordination between suppliers and retailers. D. decreased risk bearing on the part of retailers.

Economics