A profit seeking corporation whose charter specifies a social or environmental goal that the company must pursue in addition to profit
What will be an ideal response?
Benefit corporation
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Suppose that a currency's value is found to be overvalued by using purchasing power parity. Then
A) the currency will appreciate in the future but we don't know when. B) we know when and how much the currency will depreciate. C) the interest rate in the country will change in order to restore purchasing power parity. D) we know when and how much the currency will appreciate. E) the currency will depreciate in the future but we don't know when.
If the spending multiplier equals 6 and equilibrium real GDP is $32 billion below potential real GDP, then total planned expenditures need to decrease by approximately $5.33 billion to close the recessionary gap
a. True b. False Indicate whether the statement is true or false
The basic idea behind the 1996 changes in the welfare program was to
a. eliminate poverty in the United States b. eliminate the idea that welfare was an entitlement c. create a new class of workers in the United States d. eliminate the food stamp program e. provide the poor with jobs
The least-cost solution to the adverse selection problem would be to ______.
a. provide buyers with resources used to research the products b. have sellers reveal their superior information to potential buyers c. have sellers provide warranties on the products they sell d. have buyers price every product exactly the same