Many developing countries make the government budget one of the primary tools of long-run industrial development, with the government owning and operating industries such as steel mills, airlines, and phone companies
Indicate whether the statement is true or false
TRUE
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What are three major ways that corporations can cope with the principal-agent problem?
What will be an ideal response?
Historical note: The IMF was formed in
a. 1790 b. 1812 c. 1890 d. 1944 e. 1974
In the United States, technological advances help explain persistently rising employment in the face of rising wages
a. True b. False Indicate whether the statement is true or false
The US government sets the poverty line equal to approximately
a. three times the cost of providing subsidized housing. b. three times the cost of providing an adequate diet. c. the minimum wage for a single person working 40 hours per week and 50 weeks per year. d. the cost of providing food, shelter, and health care expenses for a family of four.