Bank mergers require government approval because banking officials want to make sure that:
A. the merger will create a larger bank.
B. the merger will not result in regulatory competition.
C. the merger will not create a monopoly.
D. the merged bank will be more profitable.
Answer: D
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Suppose a decrease in the supply of bottled water results in a decrease in revenue. This indicates that
A) the supply of bottled water is elastic in the price range considered. B) the supply of bottled water is inelastic in the price range considered. C) the demand for bottled water is inelastic in the price range considered. D) the demand for bottled water is elastic in the price range considered.
Which of the following is positively related to income?
a. consumption b. investment c. government expenditures d. all of the above
today the futures price for corn for december delivery in chicago is $3.30/bu and yesterday it was $3.40/bu. today the local cash price is $3.05/bu/ today, the local basis is:
a) $0.35/bu b) -$.035/bu c) $0.25/bu d) -$0.25/bu e) not enough information is provided
Medicare hip and knee bundled payments have been able to reduce costs by
A. negotiating lower fees for surgeons. B. eliminating discharge planning. C. reducing postsurgical rehabilitation costs. D. All of the above