An outside organization trying to gain control of a corporation offers a _____ by announcing its intent to purchase up to a certain number of the target's shares at a premium over their market price
a. proxy fight
b. cash tender
c. junk bond
d. leveraged buyout
B
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The equilibrium wage and quantity of labor in the market for skilled workers is determined by
A) the demand and supply of labor. B) the strength of labor unions. C) the market value created by the output of these skilled workers. D) the monopsony power of firms.
A strategy is dominant if
A) it yields a greater payoff than any other player receives. B) it yields a payoff at least as large as that from any other strategy, regardless of the actions of other players. C) the player cannot gain by changing strategy, assuming that no other player changes strategy D) it is part of a Nash equilibrium.
In 2006 and 2007 the U.S. faced an inflationary gap which would suggest the use of restrictive fiscal policy
a. True b. False Indicate whether the statement is true or false
If the U.S. dollar depreciates, then U.S. exports become ____ expensive to foreigners and foreign goods become ____ expensive to U.S. citizens.
Fill in the blank(s) with the appropriate word(s).