The U.S. Congress has given two government entities the authority to police mergers. These two entities are
A) the antitrust division of the Department of State and the Securities and Exchange Commission.
B) the Federal Trade Commission and the Internal Revenue Service.
C) the Antitrust Division of the U.S. Department of Justice and the Council of Economic Advisors.
D) the Federal Trade Commission and the Antitrust Division of the U.S. Department of Justice.
Answer: D
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A) store of value. B) medium of exchange. C) mechanism for transforming present purchases into future purchases. D) unit of account.
If autonomous imports increase, then the aggregate expenditure curve shifts ________ and equilibrium real GDP ________
A) upward; increases B) downward; does not change C) downward; increases D) upward; decreases E) downward; decreases
The profit earned from selling an asset for more than you paid for it is called
A. capital gains. B. the real interest rate. C. depreciation. D. appreciation.
Refer to Figure 26-1. In the figure, the money demand curve would move from Money demand1 to Money demand2 if
A) the interest rate increased. B) the price level decreased. C) real GDP increased. D) the Federal Reserve sold Treasury securities.