Who selects the board of directors of a corporation?

The majority of dollars spent by government prior to the Great Depression was spending at the ________. In the post World War II period, two-thirds to three quarters of all dollars spent by government in the United States are spent at the ________

A) federal level; state and local levels B) local level; state level C) state and local levels; federal level D) state and local levels; state level

The observation that changes in an economic variable are unpredictable suggests that the relevant variable follows ________

A) a random walk B) tertiary unpredictability C) the life-cycle hypothesis D) the Tequila effect