A merger between a leather supplier and a shoe manufacturer would ...

[Bernana]

A merger between a leather supplier and a shoe manufacturer would be classified as a:
 a. horizontal merger.
  b. vertical merger.
  c. conglomerate merger.
  d. keiretsu.

Question 2

Which of the following is correct regarding the discount rate?
 a. It is the interest rate that commercial banks charge their most creditworthy customers.
  b. It is the interest rate that thrift institutions charge for home mortgages.
 c. It is the interest rate at which depository institutions can borrow from the Federal Reserve.
  d. It is the interest rate set in the market for U.S. Treasury Bills.
 e. It is the prime interest rate.

[pangili4]

Answer to Question 1

b

Answer to Question 2

c

[Bernana]

Thanks for the timely response, appreciate it

[vickybb89]

Excellent