ATMs were developed because of breakthroughs in technology and as a
A) means of avoiding restrictive branching regulations.
B) means of avoiding paying interest to corporate customers.
C) way of concealing transactions from the SEC.
D) increasing the competition from foreign banks.
A
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If the unemployment rate is less than the natural unemployment rate, then
A) there is no frictional unemployment. B) cyclical unemployment is greater than zero. C) real GDP is less than potential GDP. D) real GDP is greater than potential GDP. E) frictional unemployment is negative.
What is the name of the pension plan under which employees can make tax-deductible contributions through regular payroll deductions?
A) 401(k) plans B) Social Security plans C) Early retirement plans D) 486(b) plans
The cyclically adjusted budget is also called the:
A. actual budget. B. administrative budget. C. cyclical budget. D. full-employment budget.
Which of the following is correct?
A. Vertical mergers are more likely to be acceptable under antitrust laws than are horizontal mergers. B. A vertical merger entails the merging of two or more competing firms. C. Horizontal mergers are more likely to be acceptable under antitrust laws than are vertical mergers. D. Conglomerate mergers occur when two or more firms at various stages in a good's production are combined.