Which of the following is true concerning IRA's, 401(k) and 403(b) plans?
a. There are no limits on the amount of funds people can hold in them.
b. Some people are not eligible to hold them.
c. There are never penalties for withdrawals.
d. All of the above are correct.
b
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If Best Lights and Bright Lights are competing in a duopoly and it is always best for Best Lights to charge a price of $4 regardless of the price Bright Lights charges, then charging $4 is ________ for Best Lights.
A) a pure, but not dominant strategy B) a dominant, but not pure strategy C) a dominant and pure strategy D) neither a dominant nor pure strategy
During the 1990s,
a. tax revenues have decreased b. budget deficits decreased substantially c. sustained economic growth has increased both deficits and tax revenues d. government spending has increased dramatically due to increased defense expenditures e. the view in government, academe, and society that government can contribute to moderate social and economic ills has been persuasive
The decision to bring suit in an antitrust case is usually made by
A. the injured party. B. the Supreme Court or a lower federal court. C. the Department of Commerce. D. the Department of Justice.
Which of the following goods is likely to have the most elastic demand?
A. movie passes B. cigarettes C. electricity D. gasoline