In 2007 British Airlines and Korean Air were charged with which antitrust violation?
A. Monopoly structure
B. Price fixing
C. Tying contracts
D. Dividing up the market
B. Price fixing
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Toyota purchases a truck factory in San Antonio, Texas. This purchase is entered into which of the balance of payment accounts?
A) capital and financial account B) current account C) foreign account D) official settlements account E) trade account
The Sarbanes-Oxley Act of 2002
A) requires that CEO's personally certify the accuracy of financial statements. B) mandates that firms raise funds for expansion only through the sale of stock or from bank loans, but not from the sale of corporate bonds. C) created the Consumer Financial Protection Bureau to be housed in the Federal Reserve. D) established the Financial Stability Oversight Council to identify risks to the financial system.
If the utility for two goods "x" and "y" is measured as U = x + y, then it can be concluded that
A) "x" and "y" are perfect substitutes. B) "x" and "y" are perfect complements. C) "x" and "y" are both bads. D) the indifference curves on the x,y graph will be upward sloping.
Which of the following is/are costly?
a. injuries b. steps taken to prevent injuries c. steps taken to avoid all accidents d. all of these are correct e. a and b only are correct