AIEEE Questions

---

When the FTC was created in 1914, its purpose was to monitor all business practices to prevent unfair methods of competition in commerce as part of the battle to "bust the trusts."

Over the years, Congress passed additional laws giving the agency greater authority to police anticompetitive practices.

A price floor is the minimum price that can be charged. A binding price floor occurs when the government sets a required price on goods at a price above equilibrium. Because the government requires that prices not drop below this price, that price binds the market for that good.

A binding price ceiling is one that is set below equilibrium price.

World Television Day is observed on November 21.

Intrapulmonary pressure is the pressure within the alveoli of the lungs.

"Christ the Redeemer" is located in Rio De Janeiro, Brazil.