The economists of the Federal Trade Commission suggested rejection of Coke's merger with Dr. Pepper as it could:
a. increase overall competition in the soft drinks industry.
b. lower Coke's share in the carbonated and soft drinks market.
c. reduce the profitability of the entire soft drinks industry.
d. allow Coke to profitably raise its prices by 5 to 10 percent.
D
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If no foreign residents owned any of the U.S. public debt, then it would be true that
A) U.S. residents would essentially owe the public debt to themselves. B) there would be no distributional consequences associates with he public debt. C) there would be no interest payments on the public debt. D) the public debt would naturally disappear over time.
The slope of the budget line is determined only by the prices of the commodities purchased.
Answer the following statement true (T) or false (F)
Bubba's Hula Shack bar and bistro has begun giving customers who can show proof that they arrived at the establishment by public transportation a 10 percent discount on their total bill. This is an example of
A) two-part tariff pricing. B) odd pricing. C) arbitrage. D) price discrimination.
Which of the following is the largest component of the assets of the Federal Reserve?
a. U.S. Treasury deposits b. U.S. government securities c. Foreign exchange d. Time deposits e. Checkable deposits