In a takeover, shareholders in the acquiring firm benefit more than shareholders in the acquired firm
Indicate whether the statement is true or false
F The acquired firm is like a price that is being auctioned, with acquiring firm as bidder, and shareholders of the acquired firm usually benefit more.
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Whether you are studying the money economy of the U.S., Pakistan, China, or the Federated States of Micronesia, for a good to serve as money anywhere, it has to provide three essential services. These are: a medium of exchange, a
a. measure of value, and be portable b. store of value, and be durable c. measure of value, and a store of value d. measure of value, and be portable e. store of value, and be portable
In the short run a decrease in the costs of production makes
a) output rise and prices fall. b) output and prices fall. c) output and prices rise. d) output fall and prices rise.
A consumer has maximized his or her utility by consuming
A) at the midpoint of the budget constraint line. B) at the midpoint of the demand curve. C) so that the total utility of all goods consumed is the same. D) so that the ratio of marginal utility to price is the same for all goods consumed.
The Federal Reserve's principal tool in the manipulation of aggregate demand is the personal income tax
a. True b. False Indicate whether the statement is true or false