The market for corporate control
a. was guaranteed by the first amendment.
b. makes sure that bad management keeps their jobs
c. makes hostile takeovers impossible
d. provides a means to replace under performing management.
e. all of the above.
D
You might also like to view...
Briefly describe the combination of strategies used by government officials to protect investors and ensure the stability of the financial system.
What will be an ideal response?
Today the U.S. dollar is worth 1.5 Canadian dollars. Because of changes in economic conditions, people come to believe that by the end of the month the U.S. dollar will be worth 1.2 Canadian dollars. This belief
A) increases the demand for U.S. dollars today. B) decreases the demand for U.S. dollars today. C) decreases the demand for Canadian dollars today. D) decreases the value of exports to Canada.
Explain the time dimension as it relates to elasticity. Be sure to include in your answer the difference in elasticity between the short run and the long run
What will be an ideal response?
One disadvantage of gold as the basis for a currency is
A) gold is difficult to transport in large quantities. B) a new discovery of gold could quickly change the value of the currency. C) a gold standard can be costly to maintain if the currency comes under speculation. D) all of the above.