The unique situation in which the behavior of buyers and sellers is compatible is referred to as
A. Labor market balance.
B. Full-employment GDP.
C. Micro equilibrium.
D. Macro equilibrium.
Answer: D
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Mergers between companies that previously existed in a supplier-buyer relationship are called
A) conglomerate mergers. B) diagonal mergers. C) horizontal mergers. D) vertical mergers.
A normal good is defined as a product for which quantity demanded increases as price decreases
a. True b. False
Why are the prices of some regulated industries often higher than they would be if there were no regulation?
What will be an ideal response?
If the World Bank makes loans to nations that can attract private funds
A) the increase in growth in that nation will spill over to other nations that are developing. B) the presence of the World Bank's loans will lead to even more private funds being attracted to that country. C) the World Bank's loans will crowd out the private funds made to developing nations to encourage economic growth. D) these loans will interfere in the private market for capital goods and can lead to inefficient investment.