Author Question: If aggregate expenditure is more than GDP, then inventories fall and GDP rises. Indicate whether ... (Read 60 times)

nummyann

  • Hero Member
  • *****
  • Posts: 576
If aggregate expenditure is more than GDP, then inventories fall and GDP rises.
 
  Indicate whether the statement is true or false

Question 2

Why are laws aimed at regulating monopolies called antitrust laws?
 
  A) Trust was a word in Old English that meant monopoly in the Middle Ages. Therefore, antitrust is a term that means against monopoly.
  B) In the late 1800s, firms in several industries formed trusts; they were called trusts because when corporate officials were questioned about their business they would clam that business was good for the country and that they should trusted.
  C) The rise of large firms (e.g., Standard Oil) in the late 1800s in the United States caused consumers to lose trust in private business.
  D) In the late 1800s, firms in several industries formed trusts; the firms were independent but gave voting control to a board of trustees. Antitrust laws were passed to regulate these trusts.



kilada

  • Sr. Member
  • ****
  • Posts: 311
Answer to Question 1

TRUE

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

For a complete list of videos, visit our video library