All of the following are examples of restraints of trade except which one?
A) bid rigging
B) market division
C) price fixing
D) recoupment
D) recoupment
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When drawn against the real interest rate, the output demand curve unambiguously shifts to the right if
A) current capital decreases. B) current total factor productivity decreases. C) future total factor productivity decreases. D) current or future taxes increase.
An airline wants to introduce a charge for snacks on flights. Why would it not be such a good idea?
a. Passengers would be less likely to buy snacks b. Passengers would be more likely to carry their own snacks onboard c. Passengers would feel nickel-and-dimed and would switch airlines d. All of the above
If the economy is experiencing high rates of inflation due to a new housing bubble, what effects would expansionary monetary policy have on the economy?
A) It would reduce inflation as well as unemployment. B) It would raise inflation as well as unemployment. C) It would reduce inflation but cause unemployment to rise. D) It would raise inflation but would cause unemployment to fall.
Convert each of the following basis points amounts to percents:a) 412.5b) 10c) 125.7d) 1075e) 1
What will be an ideal response?