In the 1920s General Motors gobbled up more than 100 independent carmakers. This would be an example of a ________ merger.

A. vertical
B. horizontal
C. conglomerate

B. horizontal

Economics

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A system that assesses proportionately higher taxes on the rich than it does on the poor is called a ________

Fill in the blank(s) with correct word

Economics

The objective of the Fed and the government is to

a. prevent asset bubbles by recognizing them in real time. b. mitigate the consequences of asset bubbles by recognizing them in real time. c. prevent asset bubbles by recognizing bad lending practices. d. mitigate the consequences of asset bubbles by recognizing bad lending practices.

Economics