A tariff on tires benefits domestic producers of tires.

The first important law regulating monopolies in the United States was

A) the Clayton Act, which was passed in 1890. B) the Sherman Act, which was passed in 1890. C) the Grant Act, which was passed in 1890. D) the Federal Trade Commission Act, which was passed in 1914.

The quantity theory of money explains how ________ depends on ________

A) real GDP; the money supply B) the price level; the demand for money C) the money supply; the velocity of money D) all of the above E) none of the above