Gaining control of a corporation through stock purchase or exchange is known as

a. a merger
b. an acquisition
c. a partnership
d. a cooperation
e. a joint venture


b. an acquisition

Economics

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One of the main reasons that explains why the Industrial Revolution started in Britain is that:

A) economic agents in Britain opposed creative destruction. B) Britain was a command economy. C) Britain had inclusive institutions. D) property rights were absent in Britain.

Economics

One result of a contractionary monetary policy would be

A) a decline in the price level. B) an increase in the money supply. C) an increase in business investment. D) lower interest rates.

Economics

_____ had the highest level of per capita real output in 2012

a. Canada b. The United States c. Italy d. France e. Germany

Economics

In a famous series of commercials, the International Ladies' Garment Workers Union (ILGWU) urged buyers to "look for the union label" and to avoid buying clothes not made by ILGWU members. Through the commercials, the ILGWU tried to attain its goals by

a. restricting the number of ILGWU members. b. featherbedding. c. raising the marginal revenue products of ILGWU members. d. creating lower prices for goods made by ILGWU members.

Economics