Centralizing responsibility for a firm's investments in a single person resolves problems of continuity

Indicate whether the statement is true or false


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Economics

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The Fed usually prefers the inflation rate to hover around ________

A) 6% B) 10% C) 2% D) 5%

Economics

Average variable cost is equal to

A) average total cost minus average fixed cost. B) average total cost multiplied by output. C) total cost divided by output. D) the change in total cost divided by the change in output.

Economics

Refer to the given information. If the real interest rate is 5 percent, what amount of investment will be undertaken?

Answer the question on the basis of the following information for a private closed economy. Assume that for the entire business sector of the economy there is $0 worth of investment projects that will yield an expected rate of return of 25 percent or more. But there are $15 worth of investments that will yield an expected rate of return of 20-25 percent; another $15 with an expected rate of return of 15-20 percent; and similarly an additional $15 of investment projects in each successive rate of return range down to and including the 0-5 percent range. A. $15. B. $30. C. $45. D. $60.

Economics

"There should be less discrimination against the elderly." This is an example of a

a. normative statement b. positive statement c. forecast d. hypothesis e. prediction

Economics