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chomtong chomtong
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6 years ago
Related to the Economics in Practice on p. 718: 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) investor opinion of many of these firms was based on their connections with President Suharto and not the economic efficiency of those companies.
B) later regimes in Indonesia will be more concerned about economic efficiency and less corrupt.
C) these companies thrived under President Suharto despite their connection with Suharto's allies and relatives.
D) President Suharto's removal from power was based not only on illness but also on concern over corruption.
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Akshtsaklani21Akshtsaklani21
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6 years ago
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chomtong Author
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6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Yesterday
Good timing, thanks!
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2 hours ago
this is exactly what I needed
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