In the 1970s, the largest steelmakers were slow or failed to adopt quickly the latest technology: oxygen furnaces. Some researchers blame
(a) the federal government for its enterprise-crippling policies, subsidies and
import restrictions.
(b) unions for their low productivity efforts and high wage demands.
(c) management for not keeping abreast of global changes in the marketplace.
(d) all of the above.
(d)
Economics
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If the Fed decides to keep interest rates low when there is a large budget deficit, economists conclude that the Fed is
a. monetizing the debt. b. neutralizing the effects of the deficit. c. correcting the deficit for inflation. d. resisting the effects of the deficit.
Economics
The ease with which an asset can be converted into the medium of exchange is known as _____
Fill in the blank(s) with correct word
Economics