Economists played a key role in the development of merger guidelines by the Department of Justice and the Federal Trade Commission in 1982. These guidelines have three main parts. What are these parts?
A) market definition; measure of concentration; merger standards
B) economic analysis; political analysis; dynamic analysis
C) concentration ratios; the Herfindahl-Hirschman Index; market standards
D) concentration standards; concentration ratios; competitive analysis
A
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Federal funds market rate is: a. the rate at which central bank provides funds to commercial banks
b. the rate charged by banks on loans to the public. c. the rate charged on loans from one bank to another provided to meet reserve requirement. d. higher than the discount rate.
Creating a competitive and legal market for human organs for transplant would make the:
A. Supply curve vertical for such organs B. Demand curve vertical for such organs C. Supply curve slope upward to the right for such organs D. Demand curve slope upward to the right for such organs