Biology Forums - Study Force

The joining of firms that are producing or selling a similar product is
 
  A) a conglomerate merger.
  B) a horizontal merger.
  C) a vertical merger.
  D) always an illegal merger.

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Ques. 2

Why do economists test their hypotheses?
 
  A) to see whether people are motivated by self-interest
  B) to see whether their models predict the choices people will make
  C) to determine whether government policies have effectively achieved their goals
  D) to learn what people are thinking when they make the choices they do

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Ques. 3

Which of the following does NOT describe the intended purpose of the antitrust laws of the United States?
 
  A) to promote competition within the economic system
  B) to reduce the power of monopolies
  C) to prohibit certain economic activities that promote trade
  D) to restrict the formation of monopolies

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Ques. 4

Labor productivity can best be calculated as
 
  A) real Gross Domestic Product (GDP) / Gross Domestic Product (GDP) price index.
  B) real Gross Domestic Product (GDP) / number of workers.
  C) number of workers / hours of work.
  D) real wages / hours of work.

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Ques. 5

Refer to the above figure. Which of the following points indicates an efficient use of resources?
 
  A) a
  B) d
  C) e
  D) More information is needed to answer the question.

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Ques. 6

Net public debt is equal to
 
  A) the gross public debt minus current year tax revenue collection.
  B) the gross public debt minus taxes paid by foreign corporations on their profits made in the United States.
  C) the gross public debt plus all governmental interagency borrowing.
  D) the gross public debt minus all governmental interagency borrowing.

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Ques. 7

People hold money because it is liquid and lacks risk under the
 
  A) money balance demand for money.
  B) asset demand for money.
  C) precautionary demand for money.
  D) transactions demand for money.

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Good timing, thanks!