Which of the following best states the main criticism of the Sherman Act?

a. It was overly harsh.
b. It was unnecessary at the time.
c. It was too vague.
d. It duplicated existing law.
e. It came too late in the Industrial Revolution.

C

Economics

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A point that lies above the production possibilities frontier (PPF) represents a combination of at least two goods that is

a. unavailable. b. available. c. representative of efficient production. d. representative of inefficient production. e. none of the above

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Why does the aggregate demand curve slope downward?

Economics