Examples of incentive pay include
a. allowing employees a certain number of personal days
b. providing onsite parking for employees
c. cleaning the worksite with weekly janitorial service
d. prizes to the employee team to win a project goal tournament
d
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From the perspective of economic theory, property rights are
A) human rights. B) just as important as human rights. C) less important than human rights. D) more important than human rights. E) usually in conflict with human rights.
Plastic and steel are substitutes in the production of body panels for certain automobiles. If the price of plastic increases, with other things remaining the same, we would expect:
A) the price of steel to fall. B) the demand curve for steel to shift to the right. C) the demand curve for plastic to shift to the left. D) nothing to happen to steel because it is only a substitute for plastic. E) the demand curve for steel to shift to the left.
A demand curve:
a. has a positive slope. b. illustrates the negative relationship between price and quantity demanded. c. illustrates the positive relationship between price and quantity demanded. d. is based on the assumption of a stable supply curve. e. shifts about in a random fashion.
Which of the following generates a supply of U.S. dollars?
A. The demand for U.S. exports to foreign countries. B. The construction of a plant abroad by a U.S. corporation. C. Chinese buyers of American aircraft. D. Foreign tourists visiting the United States.