In privately held firms the manager-stockholder conflict is
A) worse than in the larger firm.
B) the same as it is in the larger firm.
C) less severe than in the larger firm.
D) there is no manager-stockholder conflict because the manager is the owner.
B
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The aggregate supply curve describes the same relationship between price and quantity as a microeconomic supply curve
a. True b. False
Economists believe having higher prices for scarcer resources promotes efficiency
a. True b. False Indicate whether the statement is true or false
In a market system, the most dangerous types of bankruptcies involve
a. industrial monopolies. b. multinational firms. c. employment agencies. d. financial institutions.
The Banking Act of 1980 resulted in which of the following?
A. The number of financial institutions began to decline due to key bank legislation in that year. B. It was easier for the Federal Reserve to control the money supply. C. Both commercial banks and thrift institutions could issue checking accounts. D. All of the choices were results of the Banking Act of 1980.