Which of the following is not prohibited by the Clayton Act, even if it reduces competition?
a. merger accomplished through the acquisition of another firm's stock
b. merger accomplished through the acquisition of another firm's assets
c. price discrimination that cannot be justified on the basis of cost differences
d. exclusive dealing contracts
e. interlocking directorates
B
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As a generalization, it can be said that
a. aggregate demand shifts to the right every year, but aggregate supply rarely does. b. aggregate supply shifts to the right every year, but aggregate demand rarely does. c. both aggregate demand and aggregate supply shift to the right each year. d. neither aggregate demand nor aggregate supply curve shifts to the right each year.
Fiscal policy works mainly by shifting the ______ curve.
A. aggregate demand B. aggregate supply C. supply D. government supply
Which of the following is true?
A. Investments that pay a return over a longer time horizon generally have less risk. B. Risk-free investments are the best benchmark for measuring the risk of all investment strategies. C. Investments with a greater variance in the size of the future payoff generally pay a lower expected return. D. Investments with higher risk generally have a higher expected return than risk-free investments.
The value in one year of $25 invested today at an annual interest rate of 5 percent will be
A) $25.00. B) $26.25. C) $27.50. D) $30.00.