Data on the Unemployment Rate in the U

question 233

True/False

Data on the unemployment rate in the U.S. since 1960 show that the economy always has some unemployment and that the amount changes from year to year.

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Definitions:

Federal Trade Commission

An independent agency of the United States government, aimed at preventing anticompetitive, deceptive, and unfair business practices.

Sherman Act

A foundational antitrust law in the United States, aimed at promoting fair competition and prohibiting monopolies.

Unfair Methods

Practices in trade or business that are deemed deceptive, fraudulent, or against the competition law, harming consumers or competitors.

Sherman Act

A United States antitrust law enacted in 1890 to prohibit monopolies and prohibit business activities that prevent or restrict competition in interstate commerce.