Included on the board of directors of Microsoft are John W. Stanton, the chairman of Trilogy Equity Partners, the president of Harvey Mudd college Maria M. Klawe, and the former vice chairman of Bank of America Charles H. Noski
These three board members do not have a direct management role with Microsoft and are therefore referred to as
A) competitive directors. B) outside directors.
C) inside directors. D) honorary directors.
B
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New growth theory argues that
A) growth relies on maintaining lower growth rates of population, especially in less developed countries. B) technology cannot be looked at as an outside factor without an explanation of what drives it. C) technology is the key factor that explains growth but technology is beyond economic explanation itself. D) growth is due to the proper government policies concerning interest rates.
The Gini ratio or Gini coefficient is a measure of the:
A. Inflationary gap B. Recessionary gap C. Number of households that are classified as being poor D. Degree of income inequality