The joining of a firm with another to which it sells an output or from which it buys an input is known as
A) a conglomerate merger.
B) a horizontal merger.
C) a vertical merger.
D) economies to scale.
C
Economics
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Which of the following transactions would be recorded as a credit in the U.S. current account?
A. a Japanese bank's purchase of IBM stock B. a Japanese consumer's purchase of an Apple computer C. an American tourist's payment to a Japanese hotel D. an American consumer's purchase of a Toshiba VCR
Economics
The CFNAI is a
A. leading index based on 85 monthly variables. B. coincident index based on 85 monthly variables. C. coincident index based on variables released with different frequencies. D. leading index based on variables released with different frequencies.
Economics