According to the text, the real source of power in the modern corporation lies with the
a. stockholders
b. bondholders
c. board of directors
d. bankers
e. managers
E
Economics
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Which of the following has contributed to developing countries' poor economic performance?
A) low population growth B) corruption C) high capital investment D) foreign direct investment
Economics
The production possibilities frontier model shows that
A) if consumers decide to buy more of a product, its price will increase. B) a market economy is more efficient in producing goods and services than is a centrally planned economy. C) economic growth can only be achieved by free market economies. D) if all resources are fully and efficiently utilized, more of one good can be produced only by producing less of another good.
Economics