Since the End of World War II,the U

question 43

Multiple Choice

Since the end of World War II,the U.S.has almost always had rising prices and an upward trend in real GDP.This can be explained

• A)only by technological progress.
• B)only by money supply growth.
• C)by technological progress and money supply growth.
• D)None of the above is correct.

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Definitions:

Competition Act

Laws designed to avoid monopolistic behaviors in the market to guarantee fair play among competitors.

Offence

An offence is a violation of law or rule, constituting an act that is forbidden by statute or is considered morally wrong or objectionable.

Restrictive Trade Practices

Business activities that limit or control competition in the market, often scrutinized under anti-trust laws.

Competition Act

Legislation aimed at preventing anti-competitive practices in the marketplace, ensuring fair competition among businesses.