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According to the article "A Brief History of Mergers and Antitrust Policy" by Edward Herman, what are two reasons in support of antitrust policy? What are two arguments in opposition to antitrust policy put forth by the "Chicago school"? Explain!
Business Economics, Economics
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Why was the Federal Reserve System set up with 12 regional banks rather than one central bank as in other countries? Why was it made an independent quasi-governmental body and not a direct part of the federal government?
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C = 40+0.5×(Y - T) G=$215 billion, IP=$50 billion and T=$10 billion. Y=C+IP+G What is the equilibrium income level? Suppose that government purchases are reduced by $100 billion. What is the new equilibrium level of inco ...
What type of exchange rate is associated with a higher probability of experiencing a crisis? Why?
1. A Wall Street Journal article noted that a study by U.S. Congressional Budget Office "estimated raising the minimum wage to $10.10 per hour reduced U.S employment by 500,000 but lift 900,000 Americans out of poverty " ...
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