German banks are able to control a significant number of German firms by
A) making large syndicated loans.
B) ownership of shares alone.
C) ownership of shares and having proxy voting power over the shares in their custody.
D) sheer size in the lending market.
C
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In the above table, the marginal product of the second worker is
A) 1. B) 2. C) 3. D) 4.
Decisions by ________ about their holdings of currency and by ________ about their holdings of excess reserves affect the money supply
A) borrowers; depositors B) banks; depositors C) depositors; borrowers D) depositors; banks
Over the long run, stock prices have
A. generally fallen. B. generally stayed roughly constant. C. generally risen. D. shown no identifiable pattern of change.
Table 10-1 Q (in units) AFC (in dollars) AVC (in dollars) MC (in dollars) 0 C C C 2 2.5 18 10 4 1.25 14 14 6 0.83 18 42 8 0.63 30 94 10 0.5 50 170 In Table 10-1 are the short-run cost schedules of a perfectly competitive firm. Below what price would the firm choose to shut down?
A. $50 B. $20 C. $18 D. $14