________ are asymmetric information problems that act as a barrier to efficient allocation of capital

A) Asset prices
B) Credit imbalances
C) Financial frictions
D) Financial derivatives

C

Economics

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If the price of the capital intensive product rises more than does the price of the land intensive product, then

A) the relative price of the capital intensive product will fall to some point between the pretrade relative prices. B) demand will shift away from the capital-intensive product, and its production will decrease. C) demand will shift away from the capital-intensive product, and its production will decrease relative to that of the land intensive product. D) the production of the capital-intensive product will decrease, but by less than production of the land-intensive product. E) the country that exports the capital-intensive good will lose its comparative advantage.

Economics

Which act of Congress extended the government's authority to block horizontal and vertical mergers?

a. Clayton Act. b. Sherman Antitrust Act. c. Celler-Kefauver Act. d. Robinson-Patman Act.

Economics