Which event in business regulatory history permitted government intervention in industry affairs?
(a) The case of Munn v Illinois (1877)
(b) The Sherman Act of 1890
(c) The case of Nebbia v New York (1934)
(d) The creation of the Interstate Commerce Commission via the
Interstate Commerce Act of 1887
(a)
You might also like to view...
Which of the following firms are in a monopolistically competitive market?
A) the many retail firms such as JCPenney, Sears, The Gap, and so on B) the sole local providers of electricity, such as Kansas Power and Light, or Pacific Gas and Electric C) the many farmers that grow wheat D) None of the above are in a monopolistically competitive market.
A temporary increase in government purchases would ________ the domestic real interest rate and ________ net desired saving (desired saving less desired investment) in the economy
A) lower; increase B) lower; decrease C) raise; increase D) raise; decrease