Asked by Yasmin Abdallah on Jul 08, 2024
Verified
Modern corporations engage in economic planning which means they
A) decide where to build factories.
B) decide what workers to hire.
C) decide how much to pay the CEO.
D) All of the above are correct.
Economic Planning
The process by which government officials allocate resources and organize economic activities with the goal of achieving specific economic outcomes.
CEOs Pay
The compensation received by chief executive officers, including salary, bonuses, shares, and other financial rewards, often a subject of public debate regarding its fairness and impact on company performance.
- Comprehend the function and influence of economic planning within modern communities.
Verified Answer
Learning Objectives
- Comprehend the function and influence of economic planning within modern communities.
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