Mid Term Review 2

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

No true example of a ____________ competition exists.

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

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

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

What is one type of competition?

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

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

There are three parts to the Federal Reserve System.

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

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

An industry considered an oligopoly is ____________.

What is one way the FED operates independently?

AMEX is what?

A formalized collusion agreement forms a ____________.

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

The Federal Reserve Act was enacted in 1913.

There are five types of competition.

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

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

What is the NYSE?

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

In an Oligopoly, there are low up front cost.

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

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

The DAQ in NASDAQ stands for?

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

You can only do an IPO in the NYSE.

A formalized collusion agreement forms a cartel.

This is a free question - choose the correct answer.

OPEC is considered a cartel.

There are four types of competition.

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

There are 14 Federal Reserve Banks.

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

What is one type of competition?

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

The FED is managed by Congress and the President.

IPO stands for?

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

The NAS in NASDAQ stands for?

What is one way the FED operates independently?

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

Groups that form specific markets are called ______________.

The most prevalent type of stock is C______________________ Stock.

There are two types of stock, C_____________________ and P________________________.

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

What is one way the FED operates independently?

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

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