A merger between two firms that have a supplier-purchaser relationship is:

a. horizontal.
b. vertical.
c. conglomerate.
d. illegal.
e. inefficient.

b

Economics

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What factors generate economic growth?

What will be an ideal response?

Economics

Banks would be expected to minimize holding excess reserves because this practice is

A. illegal.
B. not profitable.
C. technically difficult.
D. subject to a stiff excess reserves tax.

Economics