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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 66 times)

FButt

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on: Jun 29, 2018
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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Reply #1 on: Jun 29, 2018
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.


FButt

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Reply #2 on: Jun 29, 2018
Correct answers!


stillxalice

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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