A social entrepreneur's central motivation in creating "for-benefit" corporations is to achieve social, not just economic, ends.

Answer the following statement true (T) or false (F)


True

A social entrepreneur focuses on achieving social, rather than just economic, ends. See the discussion in the text of the pharmaceutical company Novo Nordisk.

Economics

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A trend that has been reinforced by many developing countries is privatization. Privatization refers to

A) purchasing large companies and turning them into state-owned enterprises. B) investing government money in large, privately-owned companies. C) exchanging bonds for shares in state-owned enterprises. D) selling large state-owned enterprises to private owners in the financial sector. E) selling large state-owned enterprises to private owners in key areas such as electricity, telecommunications, or petroleum.

Economics

Monopolistically competitive industries consist of

a. one firm selling several products b. one firm selling one product c. many firms, all selling identical products d. many firms, each selling a slightly different product e. many firms, each selling a completely different product

Economics

Which of the following are components of fiscal policy?

a. Transfer payments only b. Money supply and government purchases c. Government purchases only d. Government purchases, transfer payments, and taxes e. Taxes and money supply

Economics

If the government increases expenditures on goods and services and increases taxation by the same amount, which of the following will occur?

a) aggregate demand will be unchanged b) aggregate demand will increase c) interest rates will decrease d) the money supply will decrease e) the money supply will increase

Economics