A member of a corporate board of directors that is also a manager of the business is known as
A) a shareholder. B) an inside director.
C) a corporate governor. D) a partner.
B
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How many countries are in the EU as of January 1, 2014?
A) 9 B) 15 C) 17 D) 18 E) 25
Which of the following describes the relationship between the actual federal funds rate and that suggested by Taylor's rule following the recovery from the 2001 recession?
A) The federal funds rate was above that suggested by Taylor's rule. B) The federal funds rate was below that suggested by Taylor's rule. C) The federal funds rate was about equal to that suggested by Taylor's rule. D) There was not a clear relationship between the federal funds rate and that suggested by Taylor's rule.
If the bidders at a first-price auction have true values of $8, $7, $6, and $5, the item will sell for
a. $8 b. $7 c. just over $7 d. just under $7
When the price of a good rises, the price is transmitting information indicating that the good has become relatively
A) scarcer. B) less scarce. C) more plentiful in supply. D) b and c