When economists are trying to explain the world, they are scientists, and when they are trying to help improve the world, they are policy advisers

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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Suppose the CEO of a major corporation has five subsidiary companies. Only one of these companies is making better than the return on similar investments that the company could be making if it invested its financial capital outside the company

The CEO tells each of these subsidiary companies that the rate of return that they are earning is not acceptable and must rise to the level of these identified companies. He tells them if they can't come up with a plan in twelve months that their companies will be sold. If each of these companies was actually making money can you come up with an economic argument for why it is still rational for this CEO to sell them if they don't abide by his directive.

Economics

During which of the following time periods did inflation remain above 5 percent every year?

A) 1990 through 1999 B) 1973 through 1982 C) 1968 through 1971 D) 1958 through 1962

Economics