A "company town" is one in which:
A. a single company directly regulates and monitors all town activity.
B. a single company employs the great majority of people in a town and owns most structures in the town.
C. the company directs most town business by assisting local government.
D. all employees of a company live within its confines.
Answer: B
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Samia makes $8,000 a month. Samia spends $2,500 on rent and related household expenses, $500 on food, $200 on clothes, $500 on entertainment and $600 on transportation. She always keeps $200 for things like the car breaking down
$3,500 is invested in the stock market. Which of the following statements is TRUE? A) The transactions demand for money is $4,300, the precautionary demand is $200 and the asset demand is $0. B) The transactions demand for money is $4,300, the precautionary demand is $200 and the asset demand is $3,500. C) The transactions demand for money is $3,500, the precautionary demand is $200 and the asset demand is $4,300. D) The transactions demand for money is $4,300, the precautionary demand is $3,500 and the asset demand is $200.
Cartels are: a. difficult to organize
b. difficult to preserve. c. especially unlikely to succeed if the members sell many varied products. d. all of the above.
A credit in the U.S. balance of payments occurs when
a. U.S. companies sell merchandise abroad. b. foreign companies sell merchandise to U.S. consumers. c. U.S. consumers send money to foreign companies. d. immigrants to the United States send presents of money back to their families in their native countries.
The marginal propensity to consume is
A. disposable income divided by consumption. B. the change in consumption divided by the change in disposable income. C. consumption divided by disposable income. D. the change in disposable income divided by the change in consumption.