A plan that sets targets to cover all major aspects of the national economy is known as a/an _____ plan:
(a) interindustry
(b) complete
(c) comprehensive
(d) economic
C
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One reason that lawyers might prefer a contingent contract when representing a plaintiff in a tort case is that
A) lawyers are risk neutral. B) diversification of many cases allows lawyers to reduce risk. C) lawyers are typically confident about winning every case. D) hourly rates for lawyers are usually very low.
The primary reason conglomerate mergers are the most difficult to attack under the antitrust laws is that
a. these mergers always involve a domestic firm and a foreign firm b. these mergers always involve the largest corporations in the United States c. there is no statute the government can use to attack them in court d. these mergers do not increase concentration in any market e. these mergers are always beneficial
The main examples of macroeconomic coordination failures are
a. profit declines. b. relative price changes. c. recessions and depressions. d. consumer taste changes.
Which of the following is most likely to cause the dollar to depreciate?
a. higher domestic interest rates b. an increase in the rate of inflation abroad c. a shift by the Fed to a more expansionary monetary policy d. a decrease in foreign interest rates