Which of the following is false?
A) It is impossible for a person to be uninformed on who is running for president, what the candidates stand for, and on everything else connected with presidential politics and still be rational.
B) Failure to vote in an election is not necessarily a sign of apathy.
C) Informed voters necessarily have a larger impact on elections than uninformed voters.
D) a and c
D
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Each of the following provides incentives to reduce a negative externality except:
a. a merger with affected firms. b. subsidizing consumption of the good being produced. c. bargaining among firms. d. taxation of the externality.
A merger between firms that compete in the same market is called a:
a. horizontal merger. b. vertical merger. c. conglomerate merger. d. monopoly.
The money creation process generated by an injection of reserves stops when
a. people deposit their loans into other banks. b. reserve requirements are raised. c. the increase in required reserves equals the size of the injection. d. bankers begin to fear runs and stop making loans.
Are foreign exchange market interventions the only tool available to a central bank to change the exchange rate? Explain.
What will be an ideal response?