Acme Computer Co sells computers to retail stores for $400 . If Acme requires the retailers to charge customers $500 for the computers, then it is engaging in
a. resale price maintenance.
b. predatory pricing.
c. tying.
d. monopolistic competition.
a
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Lessons about the nature of economic processes will likely emerge from the analysis of transitional economies
a. True b. False
Describe in brief the structure of a franchise contract
If the price of inputs falls and the level of consumer indebtedness rises:
a. Aggregate demand rises, but aggregate supply does not change. b. Aggregate demand falls, and aggregate supply rises. c. Aggregate demand and aggregate supply rise. d. Neither aggregate demand nor aggregate supply change. e. Aggregate demand rises, and aggregate supply falls.
Romer and Romer found evidence that money is not neutral because
A. they found no evidence that productivity changes or changes in government spending contributed to business cycles; only monetary changes preceded every recession. B. they found that inflation was highly correlated with the rate of growth of the money supply. C. if money were neutral, no one would care what the Fed does. D. in several episodes, such as 1979-1982, changes in monetary policy led to recessions.