In the Text One Industry Stands Out with an ROE

question 1

Multiple Choice

In the text one industry stands out with an ROE in excess of 50%.This figure is well above the next highest industry ROE of just over 30%.Which of the following is that high-performing industry?

• A)Steel
• B)Tobacco
• C)Newspaper
• D)Beverages

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Definitions:

Special Interest Effect

The phenomenon where policy decisions are disproportionately influenced by small, organized groups at the expense of the larger public's interest.

Government Failure

Situations where government intervention in the economy creates inefficiency, leading to a misallocation of resources.

Externalities

The side effects or consequences of commercial activities that affect other parties without being reflected in cost.

Special Interest Projects

Initiatives or programs that cater to the specific needs or agendas of particular groups rather than the general public.