This topic contains a solution. Click here to go to the answer

Author Question: A major element of the concepts of inflation and deflation is A) the idea that price changes are ... (Read 58 times)

FButt

  • Hero Member
  • *****
  • Posts: 519
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?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

stillxalice

  • Sr. Member
  • ****
  • Posts: 339
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.





 

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

For a complete list of videos, visit our video library