A government agricultural policy that restricts output by limiting the number of farm acres that can be used to produce a particular crop is the
A) marketing quota system.
B) acreage allotment program.
C) price support program.
D) target price system.
E) paying farmers not to produce system.
B
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Evidence in support of the efficient markets hypothesis includes
A) the failure of technical analysis to outperform the market. B) the small-firm effect. C) the January effect. D) excessive volatility.
Between 1860 and 1910, value added by the top ten manufactures roughly
a. doubled. b. tripled. c. increased by 500% (a factor of five). d. increased by 1000% (a factor of ten).
The slope of a line passing through the points (15, 3) and (10, 6) is
a. -3/5. b. 3/5. c. -5/3. d. 5/3.
The basis of judgment for the Standard Oil case was ________, whereas the basis of judgment for the ALCOA case was ________:
A. market concentration; interlocking directorships. B. monopolistic abuses; market structure. C. market structure; market performance. D. unfair business practices; price discrimination.