A Law That Prohibits Certain Kinds of Market Behavior Such

question 134

Multiple Choice

A law that prohibits certain kinds of market behavior such as monopoly and monopolistic practices is called

• A) a consumer surplus law.
• B) a trust law.
• C) an antitrust law.
• D) an anti-monopoly law.

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Definitions:

Government Purchases

Expenditures by government entities on goods and services that are part of a country's gross domestic product.

Federal Income Tax

The tax levied by the US government on the annual earnings of individuals, corporations, trusts, and other legal entities.

Middle Class

A social group between the upper and working classes, including professional and business workers and their families, characterized by moderate to high income levels and higher education.

Proportion

This refers to a part, share, or number considered in comparative relation to a whole.