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CFA Review 3

Authored by Cindy Kerce

Other, History

9th - 12th Grade

Used 1+ times

CFA Review 3
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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The first antitrust law to include a provision prohibiting price setting and price discrimination was the 

Interstate Commerce Act.
Sherman Antitrust Act.
Clayton Antitrust Act.
Federal Trade Commission Act.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which government action would BEST prevent the practice of collusion?

passage of reforms to improve hiring for civil service jobs
creation of antitrust legislation by the federal government
establishment of an executive order to segregate the military
approval of an international agreement to increase trade

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which government action is MOST likely to achieve this candidate's goal? 
"If elected, I promise to promote steady economic growth by adopting business-friendly policies." -- Candidate for State Governo 

increased state taxes
fewer public serrvices
more state borrowing
reduced government regulation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which activity is a modern function of the Federal Trade Commission?
"When the FTC was created in 1914, its purpose was to prevent unfair methods of competition in commerce as a part of the battle to  'bust the trusts.' Over the years, Congress passed additional laws giving the agency greater authority to police anticompetitive practices." -- Federal Trade Commission

investigating unfair work place labor practicies
regulating corporate mergers to ensure market competition
regulating the money supply by establishing interest rates
developing policies for companies to compete globally

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which economic change best explains a reduction in coffee prices?

increased need for subsistence farming
improved technology for commercial production
rapid wage increases for factory workers
adoption of tariffs on imported goods

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