The extent of the concentration of wealth among the major U.S. corporations is evident in the fact that less than one percent of all corporations account for ________ of the private-sector output.
a. 60 percent
b. 70 percent
c. 80 percent
d. 90 percent
Question 2
Identify which of the following is a characteristic of megamergers.
a. They increase the centralization of capital, increase corporate debt, and raise prices.
b. They increase the power of huge corporations over workers, unions, and government and reduce the number of jobs.
c. They diminish the benefits to local communities, as superlarge companies are unlikely to focus as intensely as smaller ones on support for local neighborhoods.
d. All of the above
As a biochem major
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