Various executive compensation plans have been employed to motivate managers to make decisions that maximize shareholder wealth. These include:
a. cash bonuses based on length of service with the firm
b. bonuses for resisting hostile takeovers
c. requiring officers to own stock in the company
d. large corporate staffs
e. a, b, and c only
c
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Which of the following statements accurately describes the situation shown?
a. a movement along the short-run aggregate supply curve and an upward shift in the long-run aggregate supply curve
b. a rightward shift in the short-run aggregate supply curve and a rightward shift in the long-run aggregate supply curve
c. a movement along the long-run aggregate supply curve and no change in the short-run aggregate supply curve
d. a leftward shift in the long-run aggregate supply curve and a rightward shift in the short-run aggregate supply curve
Over the past two decades, the saving rate in China has been approximately ________%
A) 17 B) 80 C) 40 D) 5
More of a tax is borne by firms:
A. the more elastic is demand and the less elastic is supply. B. the less elastic is demand and the less elastic is supply. C. the more elastic is demand and the more elastic is supply. D. the less elastic is demand and the more elastic is supply.
National income is equal to gross domestic product minus:
a. indirect business taxes. b. depreciation. c. personal taxes. d. retained earnings. e. consumption spending.