Why have economists abandoned the use of money-growth rules in the United States?
A. Because the Fed can no longer control the money supply
B. Because the velocity growth rate has been too stable
C. Because of instability in money demand
D. Because money-growth rules are overly activist
Answer: C
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Tim tends to listen in a way in which he can focus on the emotions and interests of others. He takes his time and work to understand what others think and feel. Which type of listener is Tim?
A. people-oriented B. action-oriented C. content-oriented D. time-oriented
The demographic characteristics of the population and its culture are referred to as
A. market forces. B. cultural forces. C. psychographic forces. D. social forces. E. attitudinal forces.
Lennox’s company is planning on extending its existing business in Asia. In Europe, the company is fairly dominant, so they plan to make only slow and gradual changes in that market. However, their efforts to establish market share in North America have not been successful, so they plan to liquidate those assets and redirect them elsewhere. Which grand strategy is Lennox’s company using?
a. growth b. stability c. combination d. turnaround and retrenchment
According to Fligstein and Choo, corporate governance systems arise from:
a. Government choice b. The needs of owners of capital to maximize profit c. Political and historical processes d. Stakeholder activism