Interlocking directorates were expressly forbidden under the
A. Sherman Act.
B. Clayton Act.
C. both the Sherman and Clayton Acts.
D. neither the Sherman Act nor the Clayton Act.
B. Clayton Act.
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An increase in government expenditure on goods and services
A) increases aggregate demand. B) increases the aggregate quantity demanded. C) decreases the aggregate quantity demanded. D) decreases aggregate demand.
The primary deficit is equal to
A) outlays - tax revenues. B) government purchases + transfers + net interest - tax revenues. C) outlays + net interest - tax revenues. D) government purchases + transfers - tax revenues.
An increase in the expected future domestic exchange rate causes the demand for domestic assets to shift to the ________ and the domestic currency to ________, everything else held constant
A) right; appreciate B) right; depreciate C) left; appreciate D) left; depreciate
Some amount of every security in existence is held in the hypothetical __________ portfolio
A) perfect B) market C) systematic D) nonsystematic