A firm that is not maximizing profits
A) would never be able to operate in the United States.
B) must not be owned by stockholders.
C) may find it difficult to raise financial capital from external capital markets.
D) is likely to face legal prosecution from the Department of Commerce.
C
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The World Bank specializes in making loans to promote
A) so-called stand-by arrangements and credits. B) short-term assistance when a nation experiences a financial crisis. C) financial stability. D) long-term development and growth.
Which of the following is a shortcoming of GDP?
A. GDP measures nonmarket transactions. B. GDP includes an estimate of illegal transactions. C. GDP includes an estimate of the value of household services. D. GDP does not account for the distribution of consumption across a country's population.
The worst hyperinflation ever recorded happened in:
A. Hungary. B. Zimbabwe. C. Brazil. D. Germany.
Refer to the information provided in Figure 2.4 below to answer the question(s) that follow.
Figure 2.4According to Figure 2.4, a decrease in unemployment may be represented by the movement from
A. A to C. B. C to D. C. B to D. D. B to A.