The person hired by a corporation's board of directors to ________ is known as the chief executive officer
A) chair the board of directors
B) run the day-to-day operations of the corporation
C) audit the financial records of the corporation
D) hire additional members for the board of directors
Answer: B
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If prices of both horizontal and vertical goods decrease by 50%,
A) budget constraint will be unchanged. B) slope of the budget constraint will increase. C) slope of the budget constraint will decrease. D) budget constraint will shift outward in a parallel fashion.
If average labor productivity increases while population and the number of employed workers remain constant, then output per person:
A. increases. B. decreases. C. may increase or decrease. D. remains constant.
One reason college students do not study enough to get high grades is that they are unrealistic about their future behavior
Indicate whether the statement is true or false
There were large decreases in productivity during
A. the 1990s and early 2000s. B. the late 1980s. C. the late 1970s and the 2010s. D. the 1950s and 1960s.