Related to the Economics in Practice on P

question 28

Multiple Choice

Related to the Economics in Practice on p.717: In Indonesia,children and allies of President Suharto were affiliated with many companies.When Suharto unexpectedly fell ill,the stock prices of these companies dropped significantly,suggesting that

• A)these companies thrived under President Suharto despite their connection with Suharto's allies and relatives.
• B)later regimes in Indonesia will be more concerned about economic efficiency and less corrupt.
• C)President Suharto's removal from power was based not only on illness but also on concern over corruption.
• D)investor opinion of many of these firms was based on their connections with President Suharto and not the economic efficiency of those companies.

---

Definitions:

United States

A country in North America, constituted of 50 states, known for its significant influence in global affairs, economics, and culture.

Iran

A country in the Middle East, known formally as the Islamic Republic of Iran, with a rich history extending back to ancient Persia and a significant influence in the region politically, culturally, and economically.

Iranian Forces

The military forces of Iran, comprising the Islamic Republic of Iran Army, Islamic Revolutionary Guard Corps (IRGC), and law enforcement forces, responsible for defending the country's sovereignty and territorial integrity.

Frozen Assets

Financial assets that have been blocked and made inaccessible, typically due to legal or regulatory reasons.