Which of the following was not illegal under the original Clayton Act?
a. Tying contracts.
b. Interlocking directorates.
c. Merger by purchase of assets with cash.
d. All of these were illegal under the original Clayton Act.
c
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The amount of time during which at least one input cannot be adjust is the
A. length of the long-run period. B. length of the short-run period. C. time period when all costs are fixed. D. end of the firm’s operations.
Which statement(s) are most likely correct about supply?
a. A rise in price almost always leads to an increase in the quantity supplied of that good. b. A rise in price almost always leads to a decrease in the quantity supplied of that good. c. A fall in price almost always lead to an increase the quantity supplied. d. A rise in price almost always leader to an increase in the quantity demanded of that good.
Per capita GDP, a measure of worker productivity, reflects: a. the average quantity of goods and services available per person in a nation
b. the dollar value of a nation's output produced by an average worker in one hour. c. the economic growth rate of a nation adjusted for inflation. d. the ratio of inputs to the total output of an economy.
An asset's liquidity refers to its ability to be:
A. Bought and stored B. Increasing in value over time C. Used and enjoyed D. A means of payment