Mid Term Review 2

What is one way the FED operates independently?

Groups that form specific markets are called ______________.

If the board of directors decided to give a portion of the company’s profits after expenses, it would be a D_________

What is one way the FED operates independently?

One part of the FED is the Federal Open Market Committee.

The Sherman Act, Clayton Act, Robinson Patman Act are all forms of Anti-Trust legislation.

When owners of a corporation sell these shares, they realize they are in a sense selling ____________ _____________.

There are five types of competition.

One type of barrier for entering and exiting a business is artifical.

The Chairman of the Federal Reserve Bank of NY is always on the FOMC.

What type of competition has a great many firms and undifferentiated products?

If you own over 50% of the stock in the corporation, you would be it’s M__________________ owner.

There are four types of competition.

The NAS in NASDAQ stands for?

The FED is managed by Congress and the President.

If there is a need to raise M______________ they may have to sell shares of stock.

The Federal Reserve Act was enacted in 1913.

What is one type of competition?

The Clayton Act of 1914 closed the gap of the Sherman Antitrust Act.

This is a free question - choose the correct answer.

In an Oligopoly, there are low up front cost.

The DAQ in NASDAQ stands for?

IPO stands for?

In buying stock the old rule was to buy L_________ and sell H________.

A formalized collusion agreement forms a cartel.

What is one type of competition?

An industry considered an oligopoly is ____________.

When producers agree to restrict product production, it is known as Collision.

There are two types of stock, C_____________________ and P________________________.

Shareholders have the opportunity to cast votes on business decisions proposed by the corporation’s ___ of ____

If you own S_______________ you own shares or a portion of a corporation.

No true example of a ____________ competition exists.

What is one of the four questions asked when determining market structure or competition?

What is one of the four questions asked when determining market structure or competition?

The Federal Reserve Bank Charlotte is associated with is located in Richmond Va.

The most prevalent type of stock is C______________________ Stock.

The three main stock markets are the NYES, AMEX and NASDEC

A formalized collusion agreement forms a ____________.

What is the NYSE?

There are 14 Federal Reserve Banks.

One type of barrier for entering and exiting an industry is______?

What is one of the four questions asked when determining market structure or competition?

There are four questions asked to determine a market structure or competition?

What is one of the four questions asked when determining market structure or competition?

When the government allows a firm an exclusive right to provide a good or service, it is a __________________ monopoly.

What is one way the FED operates independently?

AMEX is what?

OPEC is considered a cartel.

There are three parts to the Federal Reserve System.

You can only do an IPO in the NYSE.