A merger between two firms that have a supplier-purchaser relationship is

a. horizontal
b. vertical
c. conglomerate
d. illegal
e. a cartel


B

Economics

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Private savings is defined as:

a. Y + TR - C - T b. T - G - TR c. Y + TR + C - T d. T + G + TR

Economics

If you split your dessert with your date, you are using a ________ allocation method

A) first-come, first-served B) sharing equally C) contest D) personal characteristics E) command

Economics

Political stability is an important ingredient in creating and sustaining economic growth

Indicate whether the statement is true or false

Economics

A tax that is imposed on an imported good is called a

A) tariff. B) quota. C) government license. D) patent.

Economics