Recall some historical facts from the chapter: Which of the following firms grew primarily through vertical mergers?

Which of the following holds that economic decision making on all levels is unbiased and is based on all available information?

A) adaptive expectations based theory B) rational expectations based theory C) Keynesian cycle theory D) none of the above

A risk-free rate can be measured by

A) the rate of inflation. B) the rate on corporate bonds. C) the Federal Reserve's discount rate. D) a rate of a Treasury security.