Author Question: Which if the following is a key difference between profit-oriented institutions (such as small ... (Read 54 times)

DelorasTo · **on:** Jun 29, 2018

Which if the following is a key difference between profit-oriented institutions (such as small businesses) and non-profit institutions (such as governments, hospitals, or schools)? Profit-oriented institutions

A) are usually competitive rather than cooperative.
B) have a recognized residual claimant.
C) pursue private interests rather than the public interest.
D) rely on monetary incentives to secure the cooperation required for their functioning.
E) work through market processes.

Question 2

If you withdraw currency from your bank savings account, you are

A) increasing M1, decreasing M2.
B) increasing both M1 and M2.
C) decreasing both M1 and M2.
D) not affecting M1 or M2.
E) increasing M1 but not affecting M2.