The Clayton Act allowed board members of one corporation to sit on the board of a competing firm as long as inside information was not transmitted
Indicate whether the statement is true or false
F
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What helps to explain the remarkable 7.3% growth rate in South Korea between 1960 and 2011?
A) The education of South Korean women B) A radical reduction in foreign imports and a maximization of South Korean exports C) Huge foreign aid from the World Bank D) All of the above. E) None of the above.
The foreign exchange market refers to:
a. a physical place in the heart of New York City's financial district, where traders come to trade other currencies. b. a collection of all purchases and sales of one currency for another,where exchange rates are determined. c. the discount window of the Federal Reserve. d. the commodity futures market.
According to Keynes, the impact of a decrease in the money supply is a
A. higher interest rate and larger growth in real GDP. B. lower interest rate and smaller growth in real GDP. C. higher interest rate and smaller growth in real GDP. D. lower interest rate and larger growth in real GDP.
The law of diminishing return does not apply to a firm in the long run because in this phase:
a. all the factors of production are fixed. b. there are no fixed factors of production. c. there are some fixed and some variable factors of production. d. the producer is required to produce a fixed level of output. e. the producer can change the level of output only by changing the variable factors, fixed factors remaining unchanged.