Holey Doughnuts and Clair's Eclairs want to merge. Each has 2 percent of the local pastry market. It is most likely that
a. the Department of Justice would challenge the merger but the Federal Trade Commission would not
b. the Federal Trade Commission would challenge the merger but the Department of Justice would not
c. the merger will go unchallenged because it will not tend to reduce competition
d. the government will successfully challenge the merger because it is a horizontal merger
e. the government will successfully challenge the merger because it is a vertical merger
C
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If a country has a 4 percent annual growth in real GDP and a one percent growth in population, its per capita growth of real GDP is
A) five percent. B) four percent. C) three percent. D) 1/4 = 0.25 percent.
Technical forecasting relies on trends in economic variables to predict future exchange rates.
a. true b. false
Leaders that centralize power and decisions in themselves
a. autocratic b. laissez-faire c. democratic d. trait
Which term describes the ability of people to easily and quickly convert their shares into cash by selling them on the open? market?
A. Potential for conflict B. Reporting requirements C. Liquidity D. Limited liability E. Longevity