Two of the firms involved in the accounting scandals of the early 2000s were
A) WorldCom and Enron. B) Arthur Anderson and NBC.
C) DuPont and Lehman Brothers. D) Western Digital and General Motors.
A
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Which of the following counts as part of M1?
A) $5,000 worth of gold B) $5,000 in a checking account C) $5,000 worth of government bonds D) $5,000 credit line on a credit card E) $5,000 of real estate
The best that this firm in the above graph can do is
A. maximize profits.
B. break-even.
C. minimize profits.
D. make a small profit.
A shareholder in a corporation
A. is a part owner of the business. B. may not sell his or her share of ownership in the business without the business dissolving. C. is personally liable for the debts of the corporation. D. can earn interest, but not dividends, from the profits of the business.
When drawn against the real interest rate, the output supply curve is upward sloping because labor supply is
A) increasing in the real interest rate and labor demand is independent of the real interest rate. B) decreasing in the real interest rate and labor demand is independent of the real interest rate. C) independent of the real interest rate and labor demand is increasing in the real interest rate. D) independent of the real interest rate and labor demand is decreasing in the real interest rate.