Unlike a sole proprietorship, a corporation's shareholders
A) own the firm and directly manage it as well.
B) do not own the firm but directly manage it.
C) own the firm but do not directly manage it.
D) do not own the firm and do not directly manage it.
C
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Which of the following describes the growth in real GDP per person in the United States from 1900 to the present?
A) It has doubled. B) It has decreased. C) It has increased by more than eight times. D) It has increased twenty times.
Why did high fertility of the early population occur, according to Hughes and Cain (2011)?
(a) More than half of the population were at ages where fertility is high—in 1820, for example, the median American was less than 17 years old. (b) A nation composed mainly of farmers and people planning to farm had every reason to create large families. (c) Children can be considered investment goods and the rate of return on a child born to a farm family was relatively high. (d) High fertility occurred due to all of the above reasons.
Why should the United States be concerned over a sharp depreciation of the U.S. dollar in the world marketplace?
What will be an ideal response?
Some people attribute the rapid growth of the East Asian economies in the 1980s and 1990s to the:
A. governments planning for growth by investing in certain industries. B. governments picking industries to support with investments and favorable tax and trade policies. C. success of their "industrial policies." D. All of these are true.