The security provided by the federal government on money in banks is called
A) deposit insurance. B) a hedge fund. C) Social Security. D) investment equity.
A
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Dumping is sometimes legal under international trade agreements
Indicate whether the statement is true or false
Which of the following taxes is clearly regressive?
a. an income tax b. a unit tax on gasoline c. a corporate tax d. a 25 percent tax on all income e. a 10 percent tax on all income
Which of the following explains why deflation is bad for consumers?
a. It reduces the purchasing power of money b. It precedes a long recession. c. It creates a spike in unemployment. d. It makes financial decision making more difficult.
ALCOA was found guilty of violating the antitrust statutes in 1945 because it:
A. forced competing firms out of business with unfair business practices. B. used its knowledge of the market to expand its capacity before any competitors had a chance to enter the market. C. had engaged in unfair pricing practices. D. exploited its monopoly power to charge high prices.