CEOs must create value for shareholders to be successful

Indicate whether the statement is true or false


True

Economics

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Some years ago The Wall Street Journal reported that the government of Thailand "plans to launch a chain of more than 3,000 Thai restaurants world-wide over the next five years, with the largest number, more than 1,000, slated for the United States

" The Thai government will have a 30 percent minority stake in the restaurants and the rest will be given to Thai owners. The country's deputy commerce minister explains that the government will play an active role in drawing up menus, making sure that genuine Thai food is served and ensuring that 70 percent of supplies for the restaurants are imported from Thailand. Because the Thai government will be part owner of these restaurants, are these restaurants public goods?

Economics

Refer to Figure 10.1. If the level of real GDP is initially Y3, spending is ________ production and there is an unexpected ________ in inventories

A) greater than; increase B) greater than; decrease C) less than; increase D) less than; decrease

Economics

The universal bank is characteristic of:

a. Germany b. early American capitalism c. Japan d. the Four Tigers e. none of the above

Economics

How would the U.S. Bureau of Labor Statistics classify a 20-year old individual enrolled in college full-time and working 5 hours per week in the campus bookstore?

Select one: a. Not in the labor force b. A discouraged worker c. Not surveyed d. Employed

Economics