In a publicly traded corporation, which of the following is responsible for business debts and activities?
A. The corporation itself.
B. The individual stockholders.
C. The board members.
D. The owners.
Answer: A
Economics
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Refer to Figure 27-5. In the dynamic model of AD-AS in the figure above, if the economy is at point A in year 1 and is expected to go to point B in year 2, Congress and the president would most likely pursue
A) contractionary automatic stabilizers. B) expansionary fiscal policy. C) contractionary fiscal policy. D) expansionary monetary policy. E) contractionary monetary policy.
Economics
Refer to Figure 9.3. If the market is in equilibrium, total consumer and producer surplus is
A) $0. B) $4. C) $5. D) $600. E) $800.
Economics