When an organization provides extras to employees such as free meals and company cars, these incentives are called______.
A. perquisites
B. intrinsic rewards
C. commissions
D. entitlements
Answer: A. perquisites
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Which of the following shifts the demand curve for movies rightward?
A) an increase in the price of NetFlix, a substitute for movies B) an increase in the price of movie tickets C) a decrease in the price of move tickets D) an increase in movie star salaries E) an increase in the price of HDTV sets
The increase in the amount that the government collects in taxes when the economy expands and the decrease in the amount that the government collects in taxes when the economy goes into a recession is an example of
A) discretionary monetary policy. B) the discretionary multiplier effect. C) discretionary fiscal policy. D) automatic stabilizers.
A pooling equilibrium occurs when
A) dissimilar workers are paid alike. B) firms can distinguish between workers of different qualities. C) workers of the same quality are paid different wages. D) all workers are overpaid equally.
New York consumers are charged five cents for every can or bottle of soda or beer that they purchase. Consumers are refunded five cents for every can or bottle that they return to a recycling center. Which environmental policy is used by New York?
a. Pollution charge b. Cap-and-trade c. Marketable permit program d. Command-and-control regulation