Some corporate governance experts believe that serving on a company's board of directors for an extended length of time ________that member's independence from the company's CEO. If this is true, it would tend to ________ the principal-agent problem
A) enhances; increase B) has no impact on; increase
C) diminishes; increase D) diminishes; decrease
C
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Under a flexible exchange rate regime, an increase in real money demand
A) moves the AA curve to the right. B) moves the AA curve to the left. C) leaves the AA curve unchanged. D) moves the DD curve to the right. E) moves the DD curve to the left.
The expenditure approach to GDP accounting includes
a. wages and salaries b. net exports c. net interest d. corporate profit e. proprietors' income
Trade enhances the economic well-being of a nation in the sense that
a. both domestic producers and domestic consumers of a good become better off with trade, regardless of whether the nation imports or exports the good in question. b. the gains of domestic producers of a good exceed the losses of domestic consumers of a good, regardless of whether the nation imports or exports the good in question. c. trade results in an increase in total surplus. d. trade puts downward pressure on the prices of all goods.
Which of the following would appear on the liability side of a commercial bank balance sheet?
A. reserves B. checkable deposits C. loans D. securities