Which type of merger is most likely going to decrease competition in an industry?
a. incomplete merger
b. hostile merger
c. conglomerate merger
d. horizontal merger
e. vertical merger
D
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The marginal benefit of a worker to a firm is the value of the extra output that results when
A) work is outsourced to a foreign country. B) workers get paid for working overtime. C) some workers are laid off and the remaining workers become more productive. D) an additional worker is hired.
If consumption is $800 when income is $1,000 . the marginal propensity to consume (MPC) must be 0.80
a. True b. False Indicate whether the statement is true or false
The Federal Reserve has ________ responsibility for supervising financial institutions.
a. some b. no c. full d. exclusive
The money demand curve relates ________ to the ________.
A. the aggregate quantity of money demanded; nominal interest rate B. the aggregate quantity of money demanded; aggregate demand C. aggregate demand; nominal interest rate D. the aggregate quantity of money demanded; price level