In 2001, a U.S. court of appeals tossed out an earlier U.S. district court order that Microsoft:
A. license Windows for sale by competitors.
B. be split into two competing firms.
C. divest itself of its Word and PowerPoint software programs.
D. end its proposed acquisition of Sun Microsystems.
Answer: B
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Government regulations that set an environmental goal and dictate how the goal will be achieved are called:
a. effluent-offset regulations. b. incentive-based regulations. c. Coasian regulations. d. command-and-control-regulations.
The aggregate demand curve indicates the relationship between:
a. the real wage rate and the quality of resources demanded by producers of goods and services. b. the interest rate and the amount of loanable funds demanded by borrowers. c. the natural rate of unemployment and the demand for goods and services when the economy is in long-run equilibrium. d. the general price level and the aggregate quantity of goods and services demanded.