Attempts by the federal government to prevent the exercise of monopoly power in the United States are called _______ policy.
A) stabilization
B) antitrust
C) fiscal
D) government

Question

Quizplus · Accepted Answer

Antitrust policies are designed to prevent and reduce the abuse of monopoly power in the United States, including practices such as price fixing, exclusive dealing, and tying arrangements. The government enforces antitrust laws to promote competition, protect consumers, and ensure fair and efficient markets. Stabilization policy refers to the use of monetary and fiscal policy tools to stabilize the economy, while fiscal policy involves the use of government spending and taxation to influence economic activity. "Government" is too general and does not specify a particular policy area.

Attempts by the Federal Government to Prevent the Exercise of Monopoly