Consider Two Economies,A and B

question 18

Multiple Choice

Consider two economies,A and B.Economy A has a stock of government debt equal to $800 billion and a debt-to-GDP ratio of 10%.Economy B has a stock of government debt equal to $22 billion and a debt-to-GDP ratio of 80%.What is the GDP for each economy?

• A)Economy A: GDP = $8 trillion Economy B: GDP = $27.5 billion
• B)Economy A: GDP = $80 billion Economy B: GDP = $18.7 billion
• C)Economy A: GDP = $80 trillion Economy B: GDP = $275 billion
• D)Economy A: GDP = $800 billion Economy B: GDP = $22 billion
• E)Economy A: GDP = $8 trillion Economy B: GDP = $2.75 billion

Explain the legal responsibilities and duties of directors towards the corporation and its stakeholders.

Understand the significance of shareholder agreements in defining rights and responsibilities within closely held corporations.

Discuss the legislative and regulatory environment governing corporate operations and securities in Canada.

Elaborate on the concept and significance of the corporation as a legal fiction and the role of agents in corporate governance.

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Definitions:

Relations-oriented

A leadership style focused on supporting, motivating, and developing team members, emphasizing interpersonal relationships.

Employee Morale

The overall outlook, attitude, satisfaction, and confidence that employees feel at work, which can influence productivity and teamwork.

Intense Business Demand

Refers to a period when the need for a business's products or services is significantly higher than usual, leading to increased pressure on resources and operations.

Public Respect

The esteem or high regard that the general population holds for a person, organization, or concept.