During the 1990s, many companies shifted from
A. the Mform to product-oriented organizations.
B. the Mform to functional subunits.
C. product-oriented organizations to functional subunits.
D. functional subunits toward more product-oriented organizations.
Answer: D
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Suppose the currency drain ratio is 33.33 percent and the desired reserve ratio is 10 percent. The money multiplier equals
A) 3.00. B) 3.08. C) 2.50. D) 6.67. E) 4.27.
The Fed may also lend to insolvent banks, rather than winding them down, in order to:
A. keep financial markets guessing about its strategy. B. address the problem of systemic risk. C. keep the money supply from falling too much. D. secure politically powerful allies.
Which of the following is hypothesized to explain the reduction in the rate of technological progress?
A) measurement error B) the increase in the size of the service sector C) a reduction in R&D spending D) all of the above E) none of the above
Describe the two extreme views on illegal immigration and their employment effects. Why are these two views misleading?
What will be an ideal response?