When there is a surplus of a product in an unregulated market, there is a tendency for
A. price to rise.
B. quantity demanded to increase.
C. quantity supplied to decrease.
D. price to fall.
Answer: D
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What will be the principal and most immediate effect on the supply or demand for raw cotton grown in the United States if the demand for peanuts (which can be grown on cotton land) increases?
A) Decrease in demand B) Decrease in supply C) Increase in demand D) Increase in supply
Compared to CDs and money market funds, crowd funding
A) provides higher expected returns with increased safety B) provides lower expected returns in exchange for increased safety C) is likely to result in lower returns due to higher volatility D) provides opportunities for higher returns but also significant losses
For W to be an effective control variable in IV estimation, the following condition must hold
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IBM and Sara Lee are two of the biggest firms in the United States, but they produce different products. Could they legally merge, or would their merger be struck down by the courts?