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Author Question: A major element of the concepts of inflation and deflation is A) the idea that price changes are ... (Read 76 times)

FButt

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A major element of the concepts of inflation and deflation is
 
  A) the idea that price changes are measured daily.
  B) their dependence on average rather than individual prices.
  C) the requirement that ALL prices must be moving in the same direction.
  D) each household's willingness to report what they pay for goods and services each month.

Question 2

What is the purpose of antitrust legislation?
 
  What will be an ideal response?



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stillxalice

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Answer to Question 1

B

Answer to Question 2

Antitrust legislation makes illegal certain economic activities. These activities involve restraining trade and inhibiting free competition among rival firms in the marketplace. The aim is to reduce the economic power of monopolies.





 

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