Which of the following is most likely to happen if the Federal Trade Commission (FTC) wins a suit against alleged violators of antitrust law?
a. The FTC will receive compensation up to three times the damage caused.
b. The FTC will not be able to impose substantial penalties.
c. The FTC will force firms to break up through dissolution.
d. The FTC will force firms to merge together.
e. The FTC will file criminal actions that may result in fines but not prison sentences.
c
Economics
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If banks hold excess reserves, then the increase in the money supply that is brought about by an increase in demand deposits will not be as large as its potential
Indicate whether the statement is true or false
Economics
Refer to the graph shown. Assuming that the monopoly maximizes profit, it will earn profits of:
A. $20,000 per day. B. $160,000 per day. C. $8,000 per day. D. $40,000 per day.
Economics