Under the rule of reason, no firm with a large market share could be found guilty of violating the Sherman Antitrust Act
a. True
b. False
B
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In 2008, Japan's economy suffered as world economies slowed. If authorities in Japan followed the monetarist viewpoint, ________ to bring the economy back to full employment
A) taxes would be decreased and the money supply should be increased B) nothing should be done C) aggregate supply would shift leftward D) the money supply would be kept growing at a steady pace
U.S. macroeconomic data show that a stable Phillips curve existed during the 1960s
a. True b. False Indicate whether the statement is true or false
To determine what a buyer would be willing to pay for a given bond, you must first ________________ by combining its face value, interest rate, maturity date, and market interest rates.
a. calculate its certificate of deposit b. ensure it is a high-yield bond c. determine the bond’s coupon rate d. compute the bond’s present value
If a country's per capita GDP is initially $100 and then grows for 3 years at 8 percent per year, its per capita GDP at the end of the three years will be around $10,000
a. True b. False Indicate whether the statement is true or false