What are the key differences in antitrust enforcement in the U.S. and Europe? A) EU authorities may only impose civil fines B) It is generally easier to show that a firm is dominant under EU law C) EU antitrust investigations are conducted more quickly than in the U.S. D) all of the above ANSWER […]
Date: September 9th, 2020
In 1982 the CEO of American Airlines spoke on the telephone to the CEO of Braniff Airlines. The CEO of American Airlines proposed that the two airlines fix prices. The CEO of Braniff Airlines rejected the proposal. The CEO of American Airlines: A) was within his 1st Amendment right to free speech. B) was in […]
Date: September 9th, 2020
Family breakup cannot be identified as a major cause of poverty. Indicate whether the statement is true or false ANSWER T
Date: September 9th, 2020
A single parent family has half the potential family income of a two-parent family. Indicate whether the statement is true or false ANSWER F
Date: September 9th, 2020
The Social Security system is a pure income transfer program, financed on a pay-as-you-go basis. Indicate whether the statement is true or false ANSWER T
Date: September 9th, 2020
In some cases, firms that are accused of antitrust violations by federal authorities will plead guilty to the criminal charges in order to avoid facing the same charges in a private or civil trial. Why? A) Attorneys in civil cases tend to be more effective at proving their claims. B) The penalties for a conviction […]
Date: September 9th, 2020
In 2006, a Social Security (FICA) tax of 7.65% of payroll earnings was paid by both the employee and the employer. Indicate whether the statement is true or false ANSWER T
Date: September 9th, 2020
The only lasting solution to the welfare problem will have to come from welfare reform alone. Indicate whether the statement is true or false ANSWER F
Date: September 9th, 2020
Social insurance programs are designed to provide financial assistance to people who have fallen into poverty. Indicate whether the statement is true or false ANSWER F
Date: September 9th, 2020
Father-only single parent families have a poverty rate that is about equal to the national average poverty rate. Indicate whether the statement is true or false ANSWER F
Date: September 9th, 2020
