In the U.S., the ________ is a law to keep markets open and competitive

A) Sherman act
B) Samuelson act
C) Monopoly act
D) pro-competition act

A

Economics

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Creative destruction includes all of the following except

(a) The rise of the automobile industry at the expense of the carriage industry (b) The rise of the computer industry at the expense of the typewriter industry (c) The destruction of all capital during economic busts (d) There is no except; all of the above are examples of creative destruction

Economics

All of the following are true EXCEPT

A) trade between two nations reduces their opportunity costs. B) trade makes nations dependent on each other. C) trade between nations will not benefit all citizens. D) the principle of comparative advantage does not apply to countries with limited resources.

Economics