Houston, Texas Has Been Described as a Pro-Business City, Due

question 53

Multiple Choice

Houston, Texas has been described as a pro-business city, due in part to the fact that Texas is a right-to-work state. Texas businesses may eliminate jobs at will, without just cause, and the state has other statutes on its books that the business community readily endorses. This scenario illustrates __________ in action.

• A) the New Deal
• B) the business confidence theory
• C) tax and transfer policies
• D) pluralism

---

Definitions:

Target Capital Structure

The mix of debt, equity, and other financing sources a company aims to hold to fund its operations and growth, optimized for its financial strategy and risk tolerance.

Debt-equity Mix

The ratio of a company's total debt to its equity, indicating the balance between debt and equity financing.