Firm governance must enhance
A) wages.
B) control by stockholders.
C) efficiency.
D) government regulation.
C
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American households spend more of their incomes on goods than on services.
Answer the following statement true (T) or false (F)
The CEO of Dynadyne corporation has been more concerned with enhancing his lifestyle by having the company pay for expensive corporate retreats than he has been with increasing the value of the company's stock
In this situation, the CEO is ________ and the stockholders are ________. A) an agent; also agents B) the agent; the principals C) a principal; also principals D) the principal; the agents
How might department stores best protect themselves against the risk of recession?
A) Buy insurance policies that pay off when a recession occurs. B) Stand ready to go out of business if a recession occurs. C) Sell goods that are complements to one another. D) Sell both substitute and complement goods. E) Sell both normal and inferior goods.
Discuss the components of GDP using the expenditure approach