If the demand for a product increases and the supply of the same product increases, the equilibrium price will increase
Indicate whether the statement is true or false
FALSE
Economics
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If unemployment is a problem, the Fed could ______ bonds and ______ the reserve requirement.
A. buy; increase B. buy; decrease C. sell; increase D. sell; decrease
Economics
Which of the following would be illegal under the Robinson-Patman Act?
a. Ford and General Motors meet to fix the price of cars. b. Computer makers form a cartel. c. General Mills and Kelloggs decide to merge. d. Exxon sells gas at a higher wholesale price to independent gas retailers than to Exxon retailers. e. Exxon Oil and Mobil Oil elect the same person to their boards of directors.
Economics