An economic boom in China is likely to lead to a(n):
a. decrease in U.S. exports and U.S. aggregate demand.
b. increase in U.S. exports and U.S. aggregate demand.
c. decrease in U.S. imports and U.S. aggregate demand.
d. increase in U.S. imports and U.S. aggregate demand.
b
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The existence of a union
A) has no effect on labor supply and demand. B) affects labor supply only. C) affects labor demand only. D) can affect both labor supply and labor demand.
Answer the following questions true (T) or false (F)
1. Corporate governance refers to the way in which a corporation is structured and the effect that structure has on the corporation's behavior. 2. Corporate managers and shareholders do not always have the same goals. 3. Tying salaries of top managers to the profits of the firm is a way to reduce the effect of the principal-agent problem.