A cartel is
a. explicit collusion
b. a conglomerate merger
c. a horizontal merger
d. legal in the United States
e. implicit collusion
A
Economics
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The food and fiber industry today accounts for roughly what percent of GDP in the United States?
A) 8 to 11 percent B) 16 to 20 percent C) 12 to 15 percent D) 4 to 7 percent
Economics
A boom in the stock market affects the economy because
A. consumers consume less with their money tied up in assets. B. interest rates fall. C. firms invest more as demand grows. D. the stock market causes the money supply to rise.
Economics