IBM undertook a massive restructuring program to decentralize into six smaller decision-making groups in order to reduce economies of scale

a. True
b. False

B

Economics

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If country A exports good X to country B and country B exports good Y to country A, it is most likely that

A) A has an absolute advantage in the production of good X. B) B has a comparative advantage in the production of good Y. C) the opportunity cost of domestic production of good Y for country A is lowered with trade. D) B is producing less of good Y than in the no-trade case.

Economics

The intended use of TARP funds was to

a. support the FDIC. b. increase consumers' disposable income. c. fund "shovel-ready" projects. d. purchase unwanted securities.

Economics