When a firm acquires another,
A) the acquired firm suffers a winner's curse.
B) the acquiring firm may suffer a winner's curse.
C) neither firm suffers from a winner's curse.
D) a winner's curse only applies if a patent is lost.
B
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If prices have decreased since the base period, then
A) real GDP is smaller than nominal GDP. B) real GDP is larger than nominal GDP. C) real GDP is equal to nominal GDP. D) there is no way to adjust nominal GDP so that it equals real GDP. E) real GDP can no longer be compared to nominal GDP.
Which is the most accurate statement?
A. Fringe and sub-prime lending should be outlawed. B. Poor people cannot get loans in the United States. C. Payday lenders like the Military Financial Network make low interest loans to our military personnel. D. When poor people get personal loans, they usually pay much higher interest rates than the average American.