Which is the most accurate statement about the Federal Trade Commission?
A. It has never stopped a merger from taking place.
B. It is the most powerful anti-trust agency in the federal government.
C. Its job is limited to preventing false and deceptive advertising.
D. It has a role in anti-trust enforcement.
D. It has a role in anti-trust enforcement.
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New growth theory asserts that
i. human capital grows because of choices. ii. discoveries result from choices. iii. competition brings profits. A) i only B) ii only C) iii only D) both i and ii E) both i and iii
Which of the following does not occur in resolving a debt crisis?
A) Debts are restructured B) Repayment periods are shortened C) Interest rates are reduced D) Some partial debt forgiveness
Explain the causes of the U.S. Savings and Loans crisis of the early 1980s
What will be an ideal response?
A perfect market would have all but which of the following characteristics?
A) Infinitely divisible securities B) Asymmetric information C) Buyers and sellers of financial instruments would know the true quality of what they are buying and selling. D) Buyers and sellers could transact with each other without cost (no transactions costs).