Concerning the number of horizontal, vertical, and conglomerate mergers in the United States over the period 1890 to 1990, data show that
a. more mergers occurred during the first half of the century
b. there have been more vertical mergers than combined horizontal and conglomerate
c. with a few exceptions, more mergers occurred each year since 1960 than in each of the years from 1890 to 1959
d. the number of mergers has decreased but the value of the assets involved in mergers have increased
e. the number of mergers has increased but the value of the assets involved in mergers have decreased
C
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Assume the government was to levy a tax of $100 per person on every individual in the country. Would this tax be characterized as proportional, progressive or regressive? Make sure to explain your reasoning
What will be an ideal response?
The nominal value of GDP is:
a. expressed in monetary values adjusted for inflation b. expressed in monetary values that are not adjusted for inflation. c. expressed in numeric values that does not correlate to a monetary term. d. expressed as a ratio between the value of consumption expenditure and the value of investment expenditure.
In an inflationary gap, equillibrium ______ full-employment GDP
Fill in the blank(s) with the appropriate word(s).
A government is considering undertaking one or more construction projects. The estimated marginal cost and benefit of each project are given in the table.ProjectMarginal Cost ($M)Marginal Benefit ($M)1$8$11211133181742823Refer to the above table and information. What is the total amount that the government should spend on construction projects?
A. $14 million B. $37 million C. $19 million D. $8 million