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Author Question: The most important determinant of a household's consumption spending is: a. its disposable income. ... (Read 18 times)

jho37

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on: Jun 30, 2018
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?


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Chocorrol77

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Reply #1 on: Jun 30, 2018
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

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

Sarahjh

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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