The federal government has the power to investigate and to try to block
a. only voluntary mergers between firms.
b. only hostile takeovers.
c. only friendly takeovers.
d. any combining of the ownership of previously independent firms that increases concentration.
d
You might also like to view...
The higher the real wage rate, the higher the labor force participation rate
Indicate whether the statement is true or false
One implication of the fact that profit functions are convex in prices is that firms will always prefer:
a. stable input and output prices. b. input and output prices that fluctuate about a given level. c. stable input prices and fluctuating output prices. d. fluctuating input prices and stable output prices.
Less of the federal debt is owned by federal, state, and local governments than is owned by foreigners
a. True b. False Indicate whether the statement is true or false
The vicious circle of poverty refers to the fact that in LDCs,
a. low living standards lead to declines in population growth. b. too much spending leads to periods of recession. c. people are poor because too much is spent on capital goods. d. there are not enough people in the under-15 age groups. e. poverty leads to low investment in capital goods.