How did Microsoft defend its case concerning the company's required installation of Microsoft Internet browsers with all installations of their operating systems?
(A) The browser could not be sold separately.
(B) The browser worked best with their operating system.
(C) The browser had no profit making potential as a separate product.
(D) The browser was not part of the operating system.
Answer: (A) The browser could not be sold separately.
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According to the theory of exchange-rate adjustments, a country with a current ________ is likely to experience a currency ________
A) deficit; depreciation B) surplus; depreciation C) deficit; appreciation D) surplus; devaluation
Australia is a net exporter of wool, free trade will benefit the ________.
A. poor citizens of the Australia B. domestic producers C. rich citizens of the Australia D. domestic consumers
The price index was 120 in 2006 and 127.2 in 2007. What was the inflation rate?
a. 5.7 percent b. 6.0 percent c. 7.2 percent d. 27.2 percent
Smith and Jones comprise a two-person economy. Their hourly rates of production are shown in the accompanying table. Calculators Per HourComputers Per HourSmith10010Jones1206 If Smith and Jones are dividing their time efficiently and producing fewer than 10 computers and more than 120 calculators per hour, then Smith will ________ and Jones will ________.
A. produce only computers; produce only calculators B. split his time between computers and calculators; produce only calculators C. produce only calculators; split his time between computers and calculators D. produce only calculators; produce only computers