________are the owners of a corporation
A) Bondholders B) Top management
C) The board of directors D) Stockholders
D
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In the market for factors of production, firms earn income by selling goods and services to households
Indicate whether the statement is true or false
Answer the following statement(s) true (T) or false (F)
1. In the United States, the first law dealing with drinking water was passed in the 1920s. 2. The first Safe Drinking Water Act (SDWA) was passed in the 1970s. 3. The Safe Drinking Water Act Amendments of 1996 represent the law currently in force. 4. The Drinking Water State Revolving Fund (DWSRF) was established under the original Safe Drinking Water Act of 1974. 5. Under the American Recovery and Reinvestment Act, $2 billion was earmarked for the Drinking Water State Revolving Fund.
The size of the underground economy is probably large when:
A. taxes are low. B. the cost of doing business legally is low. C. bribes are often necessary to cut through bureaucratic red tape. D. All of these statements are true.
In Figure 3.1, which figure shows a situation that is perfectly inelastic?
A. Figure 1 B. Figure 2 C. Figure 3 D. Figure 4