The ________ is(are) empowered to impose a number of ________ if it(they) find(s) that antitrust law has been violated.
A. courts; remedies
B. Antitrust Division of the Justice Department; fines
C. Interstate Commerce Commission; fines
D. Federal Trade Commission; remedies
Answer: A
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Use the following balance sheet for the First Federal Bank to answer the next question. AssetsLiabilities + Net WorthReserves$60,000Checkable deposits$300,000Loans140,000Stock shares200,000Securities60,000 Property200,000 If First Federal Bank can make no additional loans, then the monetary multiplier is
A. 5.00. B. 6.67. C. 3.00. D. 4.00.
A capital inflow occurs when:
A. money saved domestically is invested in another country. B. money saved in another country finances domestic investment. C. there is a negative difference between capital inflows and capital outflows for a country. D. there is a positive difference between capital inflows and capital outflows of a country.
The vertical long-run Phillips curve
a. implies that the Fed cannot influence the unemployment rate in the long run. b. implies that the Fed can influence the unemployment rate in the long run. c. implies that the Fed can influence both the unemployment rate and the inflation rate in the long run. d. implies that the Fed can reduce the unemployment rate in the long run only at the expense of higher inflation rate. e. none of the above.
The primary determinant of the level of consumption and saving in the economy is the:
a. Level of income b. Interest rate c. Level of prices d. Level of investment