Which of the following is an example of mixed bundling?
A) a suit jacket
B) dinner at a buffet restaurant
C) a desktop computer and monitor
D) All of the above.
C
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If potential output equals 4,000 and short-run equilibrium output equals 3,500, there is a ________ gap and the Federal Reserve must ________ real interest rates in order to close the gap.
A. expansionary; raise B. recessionary; raise C. recessionary; reduce D. recessionary; not change
Refer to the scenario above. Alex should place a bid of ________
A) $187.50 B) $200.50 C) $225 D) $250
Which of the following is NOT associated with the new growth theory?
A) natural resources B) research C) technology D) innovation
A horizontal merger between two firms occurs when:
a. the products of the merging firms were not related in any manner before the merger. b. one firm is a producer of products, and the other firm is a producer of services. c. one firm is a domestic firm, and the other is a foreign company. d. the firms stood in a buyer-seller relationship before the merger. e. the merger partners were competitors.