Corporations are legally owned by their shareholders
Indicate whether the statement is true or false
TRUE
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All of the following are true of the HPAE EXCEPT
A) macroeconomic stability has been a high priority of their economic policies. B) strong, credible commitments to sharing economic growth across all layers of society exist. C) exports have been promoted while at the same time being more open to imports than other developing countries. D) restrictions on imports of capital goods have helped to favor the development of domestic technology.
What are the three sources of funding for the public sector? Can the government rely on all of these sources in the long run? Explain
What will be an ideal response?
Decreasing returns to scale is strictly a short run phenomenon for firms.
Answer the following statement true (T) or false (F)
Why are observation and prediction more difficult for an economist than for a chemist?
a. Economists lack the scientific training that chemists have. b. Human behavior is more variable than the behavior of chemicals in a lab. c. Economists fails to use ceteris paribus as often as chemists do. d. Human behavior is basically irrational; chemicals behave as expected.