The United States in 2014 Had About

question 155

Multiple Choice

The United States in 2014 had about

• A) 1.8 percent of the world's population and generated about 10 percent of the world's output.
• B) 2.4 percent of the world's population and generated about 20 percent of the world's output.
• C) 4.4 percent of the world's population and generated about 22 percent of the world's output.
• D) 10 percent of the world's population and generated about 30 percent of the world's output.

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Definitions:

Sherman Act

A foundational antitrust law in the United States aimed at promoting competition and prohibiting monopolistic business practices.

Violation

An act that breaks or disobeys the rules, laws, or agreements, often leading to legal consequences.

Restraint Of Trade

Any activity or agreement that restricts competition or interferes with free trade in the marketplace.

Sherman Act

A foundational United States antitrust law aiming to prohibit monopolistic practices and promote competition.