Answer:
False
Explanation:
Outside directors are members of the board of directors that are not employees of the corporation. While an inside director is a member of the board that is also employed by the corporation, e.g. CEO.
Corporations are separate entities form their stockholders, that is why limited liability applies to them. The board of directors doesn't have to include stockholders or employees, they usually do, but it is not required by law. Outside directors should very experienced and capable individuals that possess certain expertise that can help the corporation. Also, the board should control and supervise upper management, but if only inside directors were admitted into it, then who would control them?
<u>Full Question:</u>
From July 2015 July 2015 to October 2015, business inventories decreased by $3 billion. *Real-time data provided by Federal Reserve Economic Data (FRED), Federal Reserve Bank of Saint Louis.
Can we tell from this information whether aggregate expenditure was higher or lower than GDP during this quarter? If not, what other information do we need?A. Aggregate expenditure was equal to GDP in this quarter. B. There is not enough information to determine the relationship between aggregate expenditure and GDP. C. Aggregate expenditure was less than GDP in this quarter. D. Aggregate expenditure was greater than GDP in this quarter.
Aggregate expenditure was greater than GDP in this quarter.
<h3><u>
Explanation:</u></h3>
The values of all the goods and services in a country at a certain period of time determines the GDP of that country. It is the monetary values of these finished goods and services. GDP helps any country in the determination of the growth rate of that country economically. The monetary values associated with the income, expenditures and the production helps in the GDP calculation.
The summation of all the expenditures of the economy by the factors during a certain time period is the aggregate expenditure. Aggregate expenditures can be calculated by the summation of C, I ,G,NX. From the give data we can conclude that Aggregate expenditure was greater than GDP in this quarter.
Answer:
i think is letter A eh kasi yan lang
Rockefeller built the Standard Oil Company in which h<span>e bought up </span>oil<span> refineries, cut costs, and reinvested </span>his<span> profits in other refineries.</span>
