Related to the Economics in Practice on Page 387: in Indonesia

question 129

Multiple Choice

Related to the Economics in Practice on page 387: 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.

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Definitions:

Black Smokers

Hydrothermal vents on the seafloor that emit clouds of black material, rich in minerals like sulfides.

Copper Deposits

Concentrations of copper within the Earth that can be mined for economic value.

Seawater

The salty water found in seas and oceans, containing dissolved salts, minerals, and gases.

Hot Rocks

Rocks that have been heated by geological processes, such as volcanic activity or deep earth movements, which can sometimes be sources of geothermal energy.