In the 1945 Alcoa antitrust case, the Court found ALCOA:
a. not guilty of violating the Sherman Antitrust Act because it was a good monopoly.
b. did not have a good reason for having a large market share, so found it guilty.
c. guilty because its firm size was a per se violation of antitrust laws.
d. not guilty because it did not engage in any illegal or unfair acts.
e. was no threat to industrial democracy.
Question 2
Which of the following is incorrect regarding financial intermediaries?
a. They link savers and borrowers.
b. They earn profits by loaning money.
c. They offer lower interest rates on savings than they charge on loans.
d. They print money.
e. They accept deposits.
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