The CEO compensation as a multiple of average employee compensation for 2000 in Japan was _______ times.
Fill in the blank(s) with the appropriate word(s).
10
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Risk sharing is profitable for financial institutions due to
A) low transactions costs. B) asymmetric information. C) adverse selection. D) moral hazard.
Samuel Gompers is most recognized for:
a. the invention of air brakes for trains. b. his role as an early union leader. c. invention of a steel manufacturing process. d. the development of refrigerated train cars.
An economist might be hired to answer which of the following questions?
a. What will the price of oil be next year? b. Why is the median income of women about half the median income of men? c. How much will interest rates change as the federal deficit decreases? d. How much will inflation change if import restrictions are imposed? e. All of the above are correct.
Use the following diagram of two product demand curves to answer the question. 
On the basis of this diagram, we can say that
A. over the range P1P2, price elasticity of demand is greater for D1 than for D2. B. over range P1P2, price elasticity is the same for the two demand curves. C. over the range P1P2, price elasticity of demand is greater for D2 than for D1. D. not enough information is given to compare price elasticities.