The relative price of a pineapple today in terms of pineapples tomorrow is given by

According to this Application, the recessions in 1973 and 1979 were caused by

A) foreign monetary developments. B) deflation. C) arbitrage losses in the foreign exchange market. D) supply shocks.

Which of the following is an example of a horizontal merger?

A) Northeastern Illinois University merging with McDonald's. B) Northeastern Illinois University merging with a training academy for new professors. C) Northeastern Illinois University merging with Roosevelt University. D) Northeastern Illinois University going from a public to a private university.