The ability of an economy to produce greater levels of output in the same period of time is called:

In many corporations, there is "separation of ownership from control." What does this mean?

A) The board of directors controls corporate operations, although the managers of the corporation own the corporation. B) Top corporate managers only make decisions that have been approved unanimously by shareholders. C) The shareholders control the corporation, although the board of directors owns the corporation. D) The managers of the corporation run the corporation, although the shareholders own the corporation.

Countries like the United States use ________ to offset foreign export subsidies

A) quotas B) the escape clause C) countervailing duties D) government procurement