The most difficult type of merger to attack under the antitrust laws is the _________ merger
a. horizontal
b. vertical
c. conglomerate
d. joint venture
e. per se
C
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In the United States in 2014, the percentage of people without any form of health insurance was about
A) 10%. B) 29%. C) 64%. D) 83%.
Which continent best illustrates LDCs?
a. Australia b. South America c. North America d. Antarctica e. Europe
Which of the following would reduce the supply of baseball hats?
a. An increase in the demand for baseball hats. b. A new tax imposed on the producers of baseball hats. c. A reduction in the price of cloth used to make baseball hats. d. All of the above.
Which country has a surprising life expectancy, and why?
a. Japan has the highest life expectancy even though it ranks only fourth in real GDP per capita.
b. Nigeria has an unexpectedly high life expectancy for a country with a low real GDP
per capita.
c. Brazil has a very low life expectancy even though its real GDP per capita is in the
middle of this list.
d. The United States has a higher life expectancy than one might expect from its real
GDP per capita.