The requirements of a board of directors vary significantly by country and by state; however, there is a developing consensus as to what the major responsibilities should be. which of the following is not one of the responsibilities? a) effective board leadership including the processes, makeup and output of the boardb) strategy of the organizationc) risk vs. initiative and the overall risk profile of the organizationd) becoming directly involved in managerial decisionse) sustainability

Label each of the following statements true, false, or uncertain. explain your choice carefully. a. workers benefit equally from the process of creative destruction. b. in the past two decades, the real wages of low-skill u.s. workers have declined relative to the real wages of high-skill workers. c. technological progress leads to a decrease in employment if, and only if, the increase in output is smaller than the increase in productivity. d. the apparent decrease in the natural rate of unemployment in the united states in the second-half of the 1990s can be explained by the fact that productivity growth was unexpectedly high during that period.