The government's court case against Microsoft is an example of:
A. predatory pricing.
B. antitrust enforcement.
C. economic regulation.
D. the regulatory dilemma.
Answer: B
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If the market price is below the equilibrium price, forces will come into play to
a. move the price lower. b. move it to the equilibrium price. c. move it above the equilibrium price. d. increase the supply.
Throughout U.S. history, the debt-GDP ratio has jumped sharply higher during
A) cyclical expansions. B) stock market crashes. C) wars. D) Presidential election years.
A difference between a share of stock in a corporation and a corporate bond is that
A) the share of stock is a legal claim while the bond is not. B) the bond owner has voting rights within the corporation whereas the stockholder does not. C) the bond owner is entitled to receive a fixed annual coupon payment plus a lump-sum payment at the bond's maturity date, whereas the stockholder is entitled to a share of future profits. D) stocks are issued in return for funds that are lent to the corporation.
Market-oriented approaches to pollution control are more commonly used when the cost of controlling pollution is easily known by governments and is equal for all firms in the industry
a. True b. False Indicate whether the statement is true or false