A merger of a firm and its supplier is called
A. a vertical merger.
B. a horizontal merger.
C. a conglomerate merger.
D. a direct merger.
A. a vertical merger.
Economics
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According to Okun's Law, if the unemployment rate is 7 percent and the natural unemployment rate is 5 percent, potential GDP is ________ than real GDP
A) 2 percent greater B) 7 percent less C) 2 percent less D) 4 percent less E) 4 percent greater
Economics
In recent decades, the union-nonunion hourly wage differential has
A) increased substantially. B) increased slightly. C) stayed the same. D) fallen significantly.
Economics