Author Question: The Federal Trade Commission: a. was abolished by the Celler-Kefauver Act. b. was established when ... (Read 92 times)

dejastew · **on:** Jun 30, 2018

The Federal Trade Commission:
a. was abolished by the Celler-Kefauver Act.
b. was established when the Antitrust Division of the Justice Department was eliminated.
c. largely deals with utility regulation.
d. is a weak and ineffective government agency.
e. investigates unfair and deceptive trade practices.

Question 2

Which of the following statements is true of a barter system?
a. In a barter system economy, no rates of exchange are defined.
b. In a barter system economy, there are as many different rates of exchange as there are pairs of goods to trade.
c. In a barter system economy, rates of exchange are expressed in goods per dollar.
d. In a barter system economy, rates of exchange are expressed in dollars per good.
e. In a barter system economy, rates of exchange are denominated in gold or silver.