Commercial bank ownership of corporate stock is prohibited by regulators in
A) the United States.
B) the United Kingdom.
C) Germany.
D) Japan.
A
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(Requires Appendix material) The following are examples of limited dependent variables, with the exception of
A) binary dependent variable. B) log-log specification. C) truncated regression model. D) discrete choice model.
Which of the following would increase the price of fitness equipment?
a. a reduction in consumer income b. a major study indicating that a 30-minute workout each day improved health more than was previously thought to be the case c. a decrease in the price of steel used to produce the equipment d. all of the above
A barber shop produces 192 haircuts a day. Each barber in the shop works 8 hours per day and produces the same number of haircuts per hour. If the shop's productivity is 2 haircuts per hour of labor, then how many barbers does the shop employ?
a. 8 b. 12 c. 16 d. None of the above is correct.
When the court determines that a firm's size alone is sufficient to find that it violated antitrust laws, this criterion is called:
A. natural monopoly. B. economies of scale. C. per se. D. rule of reason.