Govt and Econ

The United States has a mixed economy

• True

• False

In a mixed economy, the government does not interfere with business

• True

• False

In a command economy, the government owns the services

• True

• False

Without antitrust laws, there would be less competition between businesses

• True

• False

Without antitrust laws, there would be more small companies.

• True

• False

The first anti-trust law was passed in 1914

• True

• False

The Federal Trade Commission doesn't care whether companies merge together.

• True

• False

The more companies merge together, the more competition there is.

• True

• False

A Tariff is a tax on goods from other countries.

• True

• False

A tariff makes the foreign product less expensive in the US

• True

• False