The U.S. Congress has given two government entities the authority to police mergers. These two entities are
A) the Antitrust Division of the U.S. Department of Justice and the Council of Economic Advisors.
B) the antitrust division of the Department of State and the Securities and Exchange Commission.
C) the Federal Trade Commission and the Antitrust Division of the U.S. Department of Justice.
D) the Federal Trade Commission and the Internal Revenue Service.
C
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Private costs are those borne by: a. the government
b. the producer of an item. c. both an item's producer and outside parties affected by a negative externality. d. outside parties affected by a negative externality.
The inflation rate is measured as the percentage change in a price index
a. True b. False Indicate whether the statement is true or false
Once people hear what the majority of individuals like them are doing, they are most likely going to choose:
A. something slightly worse, because they don't want to be taken advantage of. B. the same, because they typically don't like to be outliers. C. something better, because they typically want to be special. D. None of these is likely.
Compensating differentials for employees can be seen as one measure of adjusting for:
A. corporate tax evasion. B. surplus labor in the unorganized sector. C. high rates of inflation. D. problems of ethical conflict.