Horizontal mergers involve firms in different industries

a. True
b. False


B

Economics

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Assume that you are a plaintiff and have won a structured settlement from a lawsuit that entitles you to $1 million each year over the next ten years

An attorney from the defense team approaches you afterward and offers you $6 million in exchange for your settlement. How would you go about evaluating whether this is a good deal for you or not?

Economics

If the price of Pepsi-Cola increases from 40 cents to 50 cents per bottle and the quantity demanded decreases from 100 bottles to 50 bottles, then according to the averaging equation, the value of price elasticity of demand for Pepsi-Cola is:

a. 0.5. b. 0.25. c. 1. d. 3. e. 2.

Economics

Unemployed workers in developing economies typically have access to various government programs like unemployment insurance, welfare, and food stamps

a. True b. False Indicate whether the statement is true or false

Economics

According to purchasing-power parity, if the Federal Reserve increased the money supply

a. U.S. prices would rise and the nominal exchange rate would rise. b. U.S. prices would rise and the nominal exchange rate would fall. c. U.S. prices would fall and the nominal exchange rate would rise. d. U.S. prices and the nominal exchange rate would fall.

Economics