One of the results of the knowledge economy
A) is that content matters.
B) is that the information content of a good can be distinguished from the physical product.
C) is that the information content of a good cannot be distinguished from the physical product.
D) is that the physical features of the product has become more important.
B
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Which of the following U.S. antitrust laws prohibits mergers through the acquisition of a firm's assets if the merger would lessen competition?
a. the Sherman Antitrust Act b. the Clayton Act c. the Robinson-Patman Act d. the Celler-Kefauver Anti-Merger Act e. the Federal Trade Commission Act
A foreign exchange option is: ยท
a. the right to engage in buying or selling on the spot market. b. the right to purchase or sell foreign currency at a specified price on a specified date in the future. c. when the price of foreign currency exceeds the spot rate. d. when a speculator must decide whether to move into the market.
Many European countries, such as Italy and Spain, have:
A. less unemployment than the United States, but with a greater percentage of that unemployment in the form of long-term unemployment. B. more unemployment than the United States, but with a smaller percentage of that unemployment in the form of long-term unemployment. C. more unemployment than the U.S., with a greater percentage of that unemployment in the form of long-term unemployment. D. less unemployment than the United States, with a smaller percentage of that unemployment in the form of long-term unemployment.
Subsidies for those required to purchase health insurance under the personal mandate provision of the PPACA are:
A. limited to those whose income is less than 133 percent of the federal poverty line. B. limited to those whose income is at or below the federal poverty line. C. provided to some individuals in the upper half of the income distribution. D. a fixed amount per person for those eligible to receive the subsidies.