Answer the following statement(s) true (T) or false (F)
1. Near monopolists can be innovators.
2. The Sherman Antitrust Act encouraged price fixing.
3. The Clayton Act outlawed predatory pricing.
4. Price discrimination requires significant market power..
5. College financial aid is a form of price discrimination.
1. TRUE
2. FALSE
3. TRUE
4. TRUE
5. TRUE
Economics
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In the long run, an increase in productivity would cause output to ________ and the aggregate price level to ________
A) fall; rise B) fall; fall C) rise; fall D) rise; rise
Economics
If British government bonds pay a higher interest rate than U.S. government bonds, the dollar should appreciate
a. True b. False Indicate whether the statement is true or false
Economics