Refer to the consumption schedule above. At income level 3, the amount of consumption is represented by the line segment:

In the "non-market-clearing model" the level of final goods sales and unemployment during a recession are

A) the result of interactions between supply and demand. B) higher than would be the case in a market clearing model. C) caused by the rapid adjustment of prices and wages. D) the result of wage and price rigidities.

When were the first federal antitrust laws enacted in the United States?

a. around the turn of the twentieth century b. after World War II c. after World War I d. during the Great Depression e. with the U.S. Constitution, in 1787