In many corporations, the managers of the corporation run the corporation, although the shareholders own the corporation. In this situation,
A) there is separation of ownership from control.
B) there are no outside directors on the board of directors.
C) there is no corporate governance.
D) there are no inside directors on the board of directors.
A
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To what phenomenon does "Solow's Paradox" refer?
A) the failure of the Solow growth model to incorporate endogenous growth variables B) the absence of any measured effect of new computer technology on productivity statistics. C) the absence of any long term effect of saving on economic growth rates in the Solow growth model D) the failure of the Solow growth model to predict non-convergence of poor countries
If an increase in the price of Good X causes a decrease in the demand for Good Y, we can conclude that: a. Goods X and Y are complements. b. Goods X and Y are substitutes
c. Goods X and Y are normal goods. d. the price of Good Y will increase.
Yuan recently completed his college degree and is entering the labor market for the first time. He has been submitting applications and has been interviewed twice in the last two weeks, but so far has not found a job. Yuan would be classified as
a. frictionally unemployed b. seasonally unemployed c. structurally unemployed d. cyclically unemployed e. not yet in the labor force
Excess reserves are
A. Total reserves less required reserves. B. Total reserves less transactions account balances. C. Bank reserves in excess of vault cash. D. Required reserves less demand deposits.