The collapse of Enron Corporation is a reminder of the importance of ________
A) moral hazard
B) government-directed credit
C) energy trading
D) transparency
D
You might also like to view...
Which national income account should be examined to discover trends in the after-tax income that people have to save and spend?
Economic profit is greater than or equal to accounting profit
a. True b. False Indicate whether the statement is true or false
Which three words or phrases can be used to describe social security?
a. in-kind transfer, welfare, means tested b. cash transfer, social insurance, retirement income c. in-kind transfer, low income requirement, health care service d. cash transfer, low financial resources required, provides food
In the inverted-U theory of R&D, which of the following industry concentration ratios would be most conducive to R&D (as a percentage of firm sales)?
A. 1 percent. B. 10 percent. C. 50 percent. D. 70 percent.