The lawsuit the Justice Department brought against Apple regarding the pricing of e-books for its iPad is an example of attempts by the government

A) to prevent horizontal mergers which would significantly reduce competition.
B) to prevent vertical mergers which would significantly reduce competition.
C) to regulate a natural monopoly by establishing government-regulated prices.
D) to keep firms from artificially restricting competition to raise prices.

D

Economics

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If the interest rate is 5 percent, what is the present value of $100 that will be received 3 years from now?

A) $90.70 B) $86.38 C) $115.00 D) $13.62

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Refer to Table 2.3. Nominal GDP in 2007 is

A) $320.63. B) $490.00. C) $568.00. D) $1282.50.

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