Carter's Management of the Economy Resulted In

question 69

Multiple Choice

Carter's management of the economy resulted in:

• A) a sharp decline in unemployment
• B) unacceptably high rates of inflation
• C) a near collapse of the stock market and banking industry
• D) growing public confidence that the nation was recovering from the Nixon-Ford recession
• E) a surplus in the federal budget

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Definitions:

Horizontal Merger

A merger between two or more companies operating in the same industry at the same stage of production.

Vertical Merger

A business consolidation that occurs between companies that operate within the same supply chain, typically involving a manufacturer merging with a supplier or a distributor.

Conglomerate Company

A conglomerate company is a large corporation composed of diverse companies operating in various industries or sectors, typically under one corporate group.

Home-Based Businesses

Firm operated from the residence of the business owner.