Both Eastman Kodak and International Harvester were found guilty of antitrust violations under the Sherman Act.
Answer the following statement true (T) or false (F)
False
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The amount single retirees receive in a monthly check if they retire at their retirement age is
A. their PIA. B. their AIME. C. constant throughout their lifetime. D. the most the retiree can receive in interest without having part of their benefit reduced.
Suppose $1 billion is available in the budget and Congress is considering allocating the funds to one of the following three alternatives:
a. subsidies for education b. research on Alzheimer's c. increased border security If voters prefer a to b and b to c, then if preferences are transitive A) they should prefer c to a. B) they should prefer a to c. C) they should be indifferent between a and c. D) it is not always possible to rank voters' preferences between a and c.
Portfolio investment means the
A) purchase of less than 20 percent of the shares of ownership in a company in another country. B) purchase of less than 50 percent of the shares of ownership in a company in another country. C) purchase of less than 80 percent of the shares of ownership in a company in another country. D) purchase of less than 10 percent of the shares of ownership in a company in another country.
The long-run aggregate supply curve is: a. upward sloping
b. downward sloping. c. vertical at full-employment real GDP. d. horizontal at full-employment real GDP.