Multiple Choice
Why does the government have laws against monopolies?
A) These laws are the main way the government ensures an equal distribution of income in the economy.
B) These laws are inconsistent with the role of government in a capitalist system.
C) These laws are the key way the government promotes competition in a capitalist system.
D) These laws are the main reason the Canadian economy is best classified as a socialist system.
Correct Answer:

Verified
Correct Answer:
Verified
Q21: The government experiences a budget surplus when
Q36: Members of the Canadian Parliament have voted
Q40: Capitalism is based on private ownership, economic
Q41: Most business enterprises in Canada are privately
Q56: Morgan's Moped and Bicycle Store is located
Q62: By the end of the 1980s,communism began
Q85: Capitalism places paramount importance on the need
Q91: Explain how macroeconomics differs from microeconomics. Illustrate
Q130: Inflation occurs as the average prices of
Q157: Privatization is the conversion of government-owned enterprises