The combining of First Union National Bank and The National Bank of Memphis is an example of
A) a vertical merger.
B) a horizontal merger.
C) a downstream formation.
D) a conglomerate merger.
B
You might also like to view...
Who among the following list of people is an early 20th century economist from Yale University who wrote the book The Theory of Interest?
A) Gustav Cassel B) Irving Fisher C) David Ricardo D) Paul Krugman E) Israel Kirzner
Excess demand for a specific foreign currency, such as the pound, implies a
A. Balance-of-payments surplus for the United States. B. Capital account deficit for the United States. C. Capital account surplus for the United States. D. Balance-of-payments deficit for the United States.
By studying the effects of choice architecture, we can:
A. blend the ideas of psychology with core economic beliefs. B. expand the simplifying assumption that people always make the choices that are best for themselves. C. open the possibility that we can no longer tell if someone is making a mistake or choosing something that is maximizing his utility. D. All of these statements are true.
Unregulated natural monopolists produce suboptimal rates of output.
Answer the following statement true (T) or false (F)