Which investment bank filed for bankruptcy on September 15, 2008 making it the largest bankruptcy filing in U.S. history?
A) Lehman Brothers
B) Merrill Lynch
C) Bear Stearns
D) Goldman Sachs
A
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Contribution margin is
a. the contribution of each unit sold towards covering the fixed costs b. the contribution of each unit sold towards covering the variable costs c. the contribution of each unit sold towards covering the average variable costs d. All of the above
Business cycles in the United States after World War II have been
a. more severe than before the war. b. less severe than before the war. c. the same as the pre-war cycles. d. easier to predict than the pre-war cycles.
One World View article is titled "Top Tax Rates." The highest marginal tax rates in the world in 2015 were found in
A. Monaco. B. France. C. Canada. D. Denmark.
Refer to the diagram. If aggregate supply is AS 1 and aggregate demand is AD 0 , then:
A. at any price level above G a shortage of real output would occur.
B. F represents a price level that would result in a surplus of real output of AC.
C. a surplus of real output of GH would occur.
D. F represents a price level that would result in a shortage of real output of AC.