Which of the following is true of the per se rule?
a. The per se rule was used by U.S. courts from 1914 until the 1920s.
b. The per se rule had the effect of making antitrust policy more liberal.
c. According to the per se rule, activities that were potentially monopolizing tactics were illegal.
d. The per se rule did not allow the mere existence of anti-competitive activities to be sufficient evidence for a guilty verdict.
e. The per se rule was revived by Bush administration.
c
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Game theory assumes that to compute the likely outcome of games, one needs to assume that players act
a. Rationally b. Optimally c. In their own self-interest d. All the above
Which of the following is expected to increase aggregate demand in the short run?
a. Deficit budget b. Surplus budget c. Zero based budget d. Balanced budget