A merger between the Ford Motor Company and General Motors would be an example of a
A) vertical merger.
B) horizontal merger.
C) conglomerate merger.
D) trust.
Answer: B
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If a European importer can buy $10,000 for 11,100 euros, the exchange rate for the euro is ________.
A. 1 euro = $0.90 B. 1 euro = $1.11 C. 1 euro = $0.80 D. 1 euro = $0.95
If a bank's deposits at the Federal Reserve equal $40 million and its total reserves equal $35 million, what does the bank's vault cash equal?
A) $5 million B) $75 million C) $37.5 million D) $30 million
Happy Trails, a bicycle rental company, is considering purchasing three additional bicycles. Each bicycle would cost them $249.66 . At the end of the first year the increase to their revenues would be $140 per bicycle. At the end of the second year the increase to their revenues again would be $140 per bicycle. Thereafter, there are no increases to their revenues. At which of the following
interest rates is the sum of the present values of the additional revenues closest to the price of a bicycle? a. 5 percent b. 6 percent c. 7 percent d. 8 percent
An example of a negative externality created in the market system would be
A. unemployment. B. a change in one consumer's tastes and preferences. C. water pollution. D. poverty.