An example of a horizontal merger is one between an airline and:

For the period 1947-2012 in the United States, the price level was

A) acyclical. B) bicyclical. C) procyclical. D) countercyclical.

Which of the following is more nearly consistent with a global savings glut?

A) high interest rates and the global savings-World GDP ratio is low B) low interest rates and the global savings-World GDP ratio is low C) high interest rates and the global savings-World GDP ratio is high D) low interest rates and the global savings-World GDP ratio is high E) none of the above