Suppose the courts declare that XYZ Corporation violated the antitrust laws and as a result the ABC Corporation lost $100 million of profits. XYZ Corporation will have to pay ABC Corporation a monetary award of:
A. $100 million.
B. $33.3 million.
C. $150 million.
D. $300 million.
Answer: D
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Refer to the scenario above. The principal in this case is:
A) $300. B) $1,000. C) $1,300. D) $2,300.
Isoquant lines represent ________ whereas isocost lines represent ________
A) technical efficiency; economic efficiency B) economic efficiency; technical efficiency C) economic efficiency; marginal costs D) input tradeoffs; economic tradeoffs
The money supply will grow faster through deposit creation when the required reserve ratio is:
a. high and banks hold excess reserves. b. high and banks cannot find good customers to lend to. c. low and banks are able to lend out all of their excess reserves. d. low and banks are unable to loan out all of their excess reserves. e. high and banks are not able to loan out all of their excess reserves.
A usury ceiling will be effective depending on
a. whether the usury rate is above 10 percent. b. whether the usury rate is above 8 percent. c. whether that rate is below what the equilibrium rate of interest would have been in a free market. d. how well organized the lending institutions are.