If Target were to merge with Wal-Mart, this would be referred to as a(n)
A) horizontal merger.
B) vertical merger.
C) conglomerate merger.
D) anti-competitive merger.
Answer: A
You might also like to view...
Under which exchange rate system was a dollar redeemable for gold only if the dollar was presented by a foreign central bank?
A) a fiat system B) the gold standard C) a managed float exchange rate system D) the Bretton Woods System
A dominant strategy is
A) a strategy chosen by two firms that decide to charge the same price or otherwise not to compete. B) a strategy that is the best for a firm no matter what strategies other firms use. C) a strategy that is obviously the best for each firm that is a party to a business decision. D) an equilibrium where each firm chooses the best strategy, given the strategies of other firms.
If the economy is producing at point a on its production possibility frontier, then
A) all of the country's workers are employed. B) all of the country's workers are specialized in one product. C) all of the country's capital is used for one product. D) all of its capital is used, but not efficiently. E) all of the country's exports are produced in equal amounts.
The United States is a net borrower. If its budget deficits rise faster than GDP, the national debt will:
A. increase both in terms of dollars and as a percentage of GDP. B. decrease both in terms of dollars and as a percentage of GDP. C. increase in terms of dollars but decrease as a percentage of GDP. D. decrease in terms of dollars but increase as a percentage of GDP.