1. Ceteris paribus, what is the effect of deficit spending on interest rates?
Interest rates decline.
Interest rates hold constant because the demand for credit decreases.
Interest rates rise.
There is no impact unless the Federal Reserve (Fed) decides to alter the money supply.
2. Antitrust legislation in the United States in recent decades has:
Been vigorously and consistently enforced
Been uniformly ignored with respect to enforcement
Varied between the extremes of being enforced and being ignored
Destroyed the American dream for the nation's entrepreneurs