Being too big a firm can be a per se violation of antitrust laws.

Being too big a firm can be a per se violation of antitrust laws.
a. True
b. False
Indicate whether the statement is true or false

QUESTION 2

Over the long run, technological change increases both labor productivity and unemployment rates.
a. True
b. False
Indicate whether the statement is true or false

QUESTION 3

The Federal Open Market Committee was established to give the Fed the power to change reserve requirements.
a. True
b. False
Indicate whether the statement is true or false

QUESTION 4

The per se rule was applied in the Alcoa case.
a. True
b. False
Indicate whether the statement is true or false

QUESTION 5

Technological change leads to unemployment.
a. True
b. False
Indicate whether the statement is true or false

QUESTION 6

Each member of the Federal Reserve's Board of Governors is appointed for life.
a. True
b. False
Indicate whether the statement is true or false

QUESTION 7

In the Alcoa case, the Supreme Court abandoned the per se rule and established the rule of reason.
a. True
b. False
Indicate whether the statement is true or false

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Being too big a firm can be a per se violation of antitrust laws.

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