Julie is the chief executive officer (CEO) of the Black Gold Corporation and is also on the company's board of directors. Julie is considered ________ of the corporation
A) a stockholder
B) an inside director
C) an owner
D) an outside director
Answer: B
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Compared to 1960-79, U.S. net national saving form 1980-92 as a proportion of national income
A) rose tremendously. B) rose slightly. C) fell slightly. D) fell precipitously.
"Barter" implies that
A) to get one good or service, an individual offers another. B) to get one good or service, an individual offers money. C) to get a check, an individual offers a good or service. D) different kinds of money are exchanged for each other. E) none of the above
If a positive permanent supply shock were to occur, the resulting equilibrium would be a:
A. higher level of output at lower prices. B. lower level of output and prices. C. higher level of output and prices. D. lower level of output at higher prices.
Given your answer in Q17), what is the money multiplier in theory?
What will be an ideal response?