The proliferation of new products that we are used to today has been occurring since the advent of the Industrial Revolution

The merger of two pizza restaurant chains would be an example of

A) a horizontal merger. B) a vertical merger. C) a conglomerate merger. D) an independent merger.

Why would the Fed intentionally use contractionary monetary policy to reduce real GDP?

A. The Fed intends to reduce unemployment, which occurs if real GDP is greater than potential GDP B. The Fed intends to reduce real GDP so that real GDP will grow again but at a faster pace C. The Fed intends to reduce inflation, which occurs if real GDP is greater than potential GDP