The most important determinant of a household's consumption ...

[jho37]

The most important determinant of a household's consumption spending is:
 a. its disposable income.
 b. the in-kind transfers received by the household.
 c. the level of education of the members of the household.
  d. the interest rate.
 e. the ratio of wage to non-wage income of the household.

Question 2

Prior to 1914, did antitrust legislation have much effect on monopoly power in the United States?

[Chocorrol77]

Answer to Question 1

a

Answer to Question 2

The Sherman Antitrust Act passed in 1890 was extremely vague and difficult to enforce. As a result, the act was ineffective for years and the federal government did not win its first notable cases against Standard Oil and American Tobacco until 1911.

[jho37]

Great answer, keep it coming

[mjenn52]

Thanks for the timely response, appreciate it