Define Friedmanism.
What will be an ideal response?
Answer: Friedmanism is the theory that the sole responsibility of a corporation is to optimize profits while obeying the law.
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The Antitrust Division of the Justice Department has concurrent jurisdiction with the Federal Trade Commission (FTC) to enforce the ________ Act
A) Clayton B) Sherman C) FTC D) Securities
Discuss the financial methods used by small businesses to motivate employees.
What will be an ideal response?
Which of the following are advantages of investment clubs?
I. Small investors can pool their money to build a portfolio. II. Members can share research responsibilities. III. Individual members may have different goals and tolerance levels for risk. IV. Investment clubs typically buy stocks for the long term rather than short term profits. A) I and III only. B) III and IV only. C) I, II and IV only D) I, II, III and IV
Compute the missing value
a. The price decreased from $16.50 to $13.20; the percent decrease was __________. b. Increasing the base value 217 by 100 . yields the new value __________. c. Decreasing the base value _________ by 75% gives a decrease of 90 units.