A horizontal merger between two firms occurs when: a. the ...

[mydiamond]

A horizontal merger between two firms occurs when:
 a. the products of the merging firms were not related in any manner before the merger.
  b. one firm is a producer of products, and the other firm is a producer of services.
  c. one firm is a domestic firm, and the other is a foreign company.
  d. the firms stood in a buyer-seller relationship before the merger.
  e. the merger partners were competitors.

Question 2

The Federal Reserve System has the power to:
 a. raise or lower federal income tax rates.
 b. balance the federal government budget.
 c. increase or decrease federal government spending.
 d. compete with commercial banks in making loans to business firms.
  e. buy and sell federal government securities.

[Brummell1998]

Answer to Question 1

e

Answer to Question 2

e

[mydiamond]

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[lkanara2]

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