TheWall Street Journalreports that “hard times aid poultry companies as people eat cheaper fowl.” In the language of economists, this means

A. chicken is an inferior good.
B. chicken has a negative substitution effect.
C. chicken has a positive substitution effect.
D. people’s tastes change during recessions.
E. chicken has a positive income effect.


Answer: A

Economics

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_____ provide a common basis and standards that should help supervisors encourage employee self-discipline.

A. Rulse B. Regulation C Policies D. All of the above

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Comparative risk analysis is

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Economics