In 1960, CEO compensation as a multiple of average employee compensation in the United States was about _________ times.
Fill in the blank(s) with the appropriate word(s).
40 to 50
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Assume equilibrium real GDP per year is equal to full-employment real GDP. If aggregate demand falls, then
A) the price level will increase in the short run and decrease in the long run. B) long-run aggregate supply will eventually decrease too. C) there will be an expansionary ga
Forces inside a nation that cause people to think about leaving that nation are called what in migration theory?
What will be an ideal response?
Which of the following facilitates investor diversification by purchasing a range of stocks or bonds from different companies?
a. Mutual fund b. Financial intermediary c. Public company d. Investment banker
Considering foreign exchange transactions:
A. the U.S. dollar is exchanged in roughly 50% of all currency transactions. B. most of these transactions are handled in New York. C. more transactions are handled in London than anywhere else. D. all transactions involve the use of the U.S. dollar.