Examlex
In a horizontal merger, the integration that occurs comes from acquiring companies that supply resources to the company's production process.
Investment Goods
Goods that are purchased not for immediate consumption but for producing other goods or services in the future.
Classical Economists
Economists from the late 18th and 19th centuries who believed in the principles of free markets, limited government, and self-regulating behavior of the economy.
Monetarists
Economists advocating that transformations in the money supply drive significant impacts on the national output in the immediate term and on the pricing scale over the long term.
Fiscal Policy
Government policies regarding taxation and spending that are intended to influence economic conditions, including levels of employment, inflation, and economic growth.
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