Corporate takeovers and the financial defenses erected against them have resulted in each of the following except
A. diverting tens of billions of dollars a year from investment in plant and equipment.
B. putting billions of additional dollars into research and development.
C. forcing corporate officers to focus on short-term profitability rather than on long-term growth.
D. placing corporations in very precarious financial straits by taking on mountains of debt.
B. putting billions of additional dollars into research and development.
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Keynesians argue that an exogenous decrease in investment is likely to lead to
A) an increase in interest rates. B) an increase in saving. C) a decrease in the money supply. D) a decrease in output.
Sectoral shifts temporarily cause unemployment
a. True b. False Indicate whether the statement is true or false
Refer to the table shown. If seven workers are employed, total output equals:Number of workersMarginal product of workers1527384105116775839010?1
A. 5. B. 35. C. 56. D. 53.
Statistical discrimination refers to:
A. the crowding of women or minorities into low-paying occupations. B. significant differences in average levels of earnings by gender, race, and ethnicity, after accounting for nondiscriminatory factors. C. making individual hiring decisions on the basis of the characteristics of the group to which a person belongs, rather than on his or her personal characteristics and productivity. D. the 50-percent unexplained residual in studies that try to account for wage differences by gender, race, and ethnic origin.