Non-inflation-adjusted ("nominal") gasoline prices reached their all-time highs in

If the Federal Reserve is interested in conducting contractionary policy, what types of policies should it consider?

What will be an ideal response?

The most immediate and direct effect of minimum price laws designed to prevent predatory pricing is to

A) guarantee profits to all sellers, large or small. B) guarantee profits to large sellers exclusively. C) guarantee profits to small sellers exclusively. D) preserve competition without guaranteeing profits. E) prevent competition without guaranteeing profits.