If government rules and regulations hurt free trade then
A) one might find higher levels of investment.
B) one might find more corruption.
C) one might find positive externalities.
D) all of these choices
B
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If the United States' largest bakery buys an agricultural firm that specializes in growing wheat, we would have an example of
A) a horizontal merger. B) a vertical merger. C) a monopoly. D) excessive product differentiation.
Usury laws tend to hurt whom?
a. suppliers of loans b. consumers who cannot get credit c. bank stockholders d. All of the above are correct.
Consider Paul's decision to go to college. If he goes to college, he will spend $90,000 on tuition, $15,000 on room and board, and $7,000 on books. If he does not go to college, he will earn $22,000 working at a construction job and he will spend $11,000 on room and board. Paul's cost of going to college is
a. $96,000. b. $110,000. c. $114,000. d. $123,000.
If resources are underemployed, then the economy is producing as much as possible
Indicate whether the statement is true or false