The antitrust law that prohibits price discrimination on grounds that it reduces competition is
A) the Federal Trade Commission Act. B) the Clayton Act.
C) the Robinson-Patman Act. D) the Sherman Act.
C
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Suppose Ariana deposits $75,000 in her bank. If the reserve ratio is 20 percent, this will lead to a maximum increase of ________ in checking account balances throughout all banks
A) $15,000 B) $375,000 C) $750,000 D) $1,500,000
Compared to other nations, the United States spends the largest proportion on health care and consequently ranks above other industrialized nations in life expectancy and infant mortality.
Indicate whether the statement is true or false
In Germany, banks __________ shares in the large firms they lend to, which __________ lender-stockholder conflict
A) are not allowed to own; is their way of minimizing B) are not allowed to own; gives rise to C) own a considerable bloc of; is their way of minimizing D) own a considerable bloc of; gives rise to
The demand curve for loanable funds slopes down because
A) at lower bond prices more loanable funds will be supplied. B) lower interest rates reduce the inflation rate. C) an increase in the interest rate makes borrowers more willing and able to demand more funds. D) a decrease in the interest rate makes borrowers more willing and able to demand more funds.