Which statement is true?
A. After settling its case with the Justice Department, Microsoft will not face any further serious litigation for at least another decade.
B. Most of the largest corporate mergers in U.S. history took place between 1985 and 1995.
C. Deregulation has been a complete failure.
D. The history of antitrust goes back to the late 19th century.
D. The history of antitrust goes back to the late 19th century.
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In a balance of payments statement, the current account plus the financial account must equal the capital account
Indicate whether the statement is true or false
Suppose India and France have the same PPF, shown in the figure above. Based on their current production points, India's most likely future PPF is ________ and France's most likely future PPF is ________
A) PPF1; PPF1 B) PPF2; PPF2 C) PPF0; PPF0 D) PPF2; PPF1 E) PPF1; PPF2
Product differentiation allows a firm to compete with another firm on the basis of
A) efficiency. B) elasticity. C) quality, price, and marketing. D) the level of output and the price. E) demand.
A lower real interest rate, amount of consumer debt, and personal taxes ________ personal consumption expenditures
A) increase B) decrease C) have no effect on D) none of the above