There Has Been a Change in Government Tools in That

question 30

Multiple Choice

There has been a change in government tools in that the ______.

• A) use of indirect tools has increased
• B) use of direct tools has increased
• C) direct and indirect tools have both increased
• D) direct and indirect tools have both decreased

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Definitions:

Price Fixing

An illegal agreement among competitors to fix prices at a certain level rather than allowing them to be determined by free market forces.

Clayton Act

The Clayton Act is a U.S. antitrust law enacted in 1914, aimed at promoting competition and preventing monopolies.

Antitrust Laws

Legislation enforced to prevent monopolies and promote competition among businesses.

Celler-Kefauver Act

A U.S. law passed in 1950 to beef up antitrust regulations by restricting corporate mergers and acquisitions that could lead to decreased competition.