The primary purpose of economics is to understand how people make

A) money.
B) goods and services.
C) choices.
D) a comfortable living.

C

Economics

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A major shortcoming of the Sherman Act was that

A) when it was passed, there were no violations, so the Supreme Court ruled it unnecessary. B) it failed to explicitly state which specific activities were illegal. C) violators of the Act were forced out of business. D) it was not enforced by the courts.

Economics

National income accountants compare the market value of the total outputs in various years rather than actual physical volumes of production because

What will be an ideal response?

Economics