Which of the following describes a tying contract?
A. The seller of one product requires the buyer to purchase some other product(s).
B. One firm buys the stock of a competing firm.
C. The directors of one company serve on the board of directors of another company in the same industry.
D. An agreement between a manufacturer and a retailer based on the condition that the retailer is not to carry any rival products of the manufacturer.
Answer: A
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By definition, a direct expenditure offset will occur whenever
A) the interest rate falls. B) the interest rate rises. C) the government increases spending in an area that competes with the private sector. D) the government increases spending for the military.
Explain Paul Romer's ideas concerning economic growth
What will be an ideal response?
Over the last 50 years, the employment ratio has risen most significantly among ________
A) men B) women C) blacks D) Hispanics
The Social Security Trust fund actually has no money in it and is filled with IOUs. Does this information impact your thinking regarding Social Security?
What will be an ideal response?