Ajax Corporation has just started advertising that there are 16 ounces in every package. In reality the packages contain only 14 ounces. This misleading advertising
A) is in violation of the Robinson-Patman Act.
B) is exempt from the antitrust laws.
C) could be subject to an investigation by the Federal Trade Commission.
D) could be subject to an investigation by the Sherman Commission.
Answer: C
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Higher interest rates in Iceland and the Baltic states in 2008-2009 were necessary to protect the value of their currencies against capital flight
a. True b. False Indicate whether the statement is true or false
Suppose the actual rate of unemployment is 4 percent. What is the natural rate of unemployment if actual output equals potential output?
A. ?4 percent B. 4 percent C. 0 percent D. 2 percent
Which of the following is the accurate equation for velocity?
a. V = (M x Q)/ P b. V = P x Q x M c. V = (P x Q)/M d. V = P + Q รท M
A decrease in the price of electricity can best be explained by
A. Abnormally cold winters and hot summers. B. The increased use of electronic devices such as computers. C. A decrease in the population. D. A growing economy.