Which of the following is exempt from antitrust laws?
A) professional football
B) petroleum companies
C) airlines
D) hospitals
Answer: D
Economics
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Refer to Scenario 19-1. The value of each canoe in gross domestic product equals
A) $1,200. B) $800. C) $500. D) $400.
Economics
Which of the following prevented the Fed from reducing long-term real interest rates during the Financial Crisis of 2007-2009?
A) an increase in expected inflation B) an increase in the risk premium C) the collapse in the housing market D) the failure of the federal funds rate to respond to monetary policy
Economics