Straight line pay for performance
a. Provides incentives to increase performance
b. Eliminates the perverse incentive to hide information
c. Does not link compensation to where the performance is relative to the budget target
d. All of the above
d
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The table above gives some of the balance of payments accounts of the United States in 2017
a. What is the current account balance? b. What is the capital and financial account balance? c. What is the official settlements account balance?
If current income increases as much as future income decreases
A) current consumption decreases. B) current consumption stays the same. C) current consumption increases. D) We do not know.
A solution to the budget-gaming problem is
a. Introduce milestones or kinks in the compensation scheme b. Use a straight line pay for performance function c. Base compensations on meeting particular budget goals d. All of the above
Once the demand curve for a product or service is drawn, it
a. remains stable over time. b. can shift either rightward or leftward. c. is possible to move along the curve, but the curve will not shift. d. tends to become steeper over time.