The merger of two pizza restaurant chains would be an example of

Those who oppose minimum wage legislation argue that:

A. workers deserve a basic standard of living. B. setting a wage above the market-clearing equilibrium creates unemployment. C. the way to get an efficient labor market is for government intervention. D. it should be set below the market-clearing equilibrium.

The financial institutions play an important role in transferring the savings of the individuals to the investments by businesses. Which of the following correctly states this transfer?

A)banks collect the savings and lend the funds to the government who in turn redistribute it through different kinds of subsidies. B) Banks collect the savings and invest it in the stock market. C)Banks collect the savings, rewarding the savings by interest.and dividend payments and, lend the funds to businesses who in turn buy equipment, factories and capital goods. D) financial institutions do not have a major role in this process.