Stockholders of a corporation can be regarded as entrepreneurs because they
a. are ultimately the ones who hire or fire managers
b. take the risks associated with corporate enterprise
c. are compensated for the opportunity costs they incur when they invest their capital in the corporation
d. are involved in the major management operations of the corporation
e. invest their time and effort in managing the corporation
B
You might also like to view...
The imposition of a tariff will typically ________ government revenue and ________ domestic production of the good
A) increase; increase B) increase; decrease C) decrease; increase D) decrease; decrease E) increase; not change
Excess reserves
What will be an ideal response?
The fundamental criticism from the efficiency perspective of AFDC and other antipoverty programs is that
A. they do not help families with unemployed fathers. B. the benefits are too low. C. they offer disincentives to earning income. D. the tax on this income is too low.
Which of the following is most likely to occur in the labor market during a recession?
A. Bonuses and promotions become more frequent. B. The growth rate of real wages declines. C. The supply of labor increases dramatically. D. New entrants to the labor market have an easier time finding jobs.