The Justice Department brought suit against Microsoft contending ____________.
A. the company forced PC makers to take Internet Explorer as a condition of licensing Windows
B. the company's growing market power enabled them to crush competitors
C. the merger with Netscape's browser, Navigator, was in violation of Microsoft's consent decree
D. None of the choices are correct.
A. the company forced PC makers to take Internet Explorer as a condition of licensing Windows
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Refer to Figure 7.1. In equilibrium, the real wage is ________ and the amount of labor employed is ________
A) Y; B B) X; C C) Y; C D) Z; C
The secondary market for bonds is a market for
a. bonds that is smaller than the primary market b. bonds that are not first-class c. previously issued bonds d. bonds that are not substitutes for bonds found in the primary market e. newly issued bonds
A country tends to grow faster when?
A. Greater proportion of its work force graduate from college. B. It trades less with the rest of the world. C. The government restricts direct foreign investment into others. D. Saving and investing decrease. E. The Stock of fiscal capital is held constant.
The expenditure line in the Keynesian cross diagram represents the:
A. equilibrium condition that Y = Y*. B. relationship between consumption and after-tax disposable income. C. relationship between planned expenditure and output. D. equilibrium condition that Y = PAE.