The largest merger in the history of the world was between _______ and _________.
Fill in the blank(s) with the appropriate word(s).
Vodafone AirTouch; Mannesmann
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A box of biodegradable baby diapers is an example of a(n) ________ good and also an example of a(n) ________ good.
A) inspection; experience B) credence; inspection C) credence; experience D) inspection; greenwashed
If price is cut and demand is elastic, then
A) total revenue will fall. B) total revenue will not change. C) quantity demanded will fall. D) total revenue will rise.
During the 17th and 18th centuries, when the dominant economic policy was mercantilism, economic prosperity was measured by a nation's:
a. fleet of transport ships. b. food distribution system. c. number of men in its army and navy. d. stock of precious metals in its treasury.
Which of the following would directly increase the capital stock of an economy?
A) An individual purchases shares of corporate stock B) An individual purchases high-risk corporate bonds C) A business firm expands its production facilities D) A bank uses cash reserves to purchase shorthand long-term government securities E) The government implements a spending program to cover prescription drugs for Medicare reciepts