Author Question: In order to obtain a conviction for price fixing under the Sherman Antitrust Act, the government ... (Read 89 times)

jrubin · **on:** Jun 30, 2018

In order to obtain a conviction for price fixing under the Sherman Antitrust Act, the government needs to prove:
a. only that an attempt to fix prices was made.
b. that there was a price-fixing agreement that actually lessened competition.
c. that there was a high concentration ratio for the industry.
d. all of these.

Question 2

If a budget is cyclically balanced, the government should run a surplus when the economy experiences a contractionary gap.
a. True
b. False
Indicate whether the statement is true or false