A payday loan company has decided to open several new locations in the city. To decide where to open these locations it hires consultants and pays them per store opened. At the end of the quarter, the company notices a many of the new stores' sales volume fail to meet expectations. To incentivize the consultants to instead focus on opening profitable stores, the company has decided to alter the
compensation to a percentage of the profit earned per new store. The company should expect to
a. Pay the consultants more than they would per store
b. Pay the consultants less than they would per store
c. Pay the consultants the same
d. None of the above
a
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Refer to Mexico and Japan. What is the cost of producing one unit of food in Japan?
a. 2 bolts of cloth per bushel.
b. 4/3 bolts of cloth per bushel.
c. 3/4 bolts of cloth per bushel.
d. none of the above.
How can governments intervene in trade?
A) by not buying products from competing countries B) by helping reduce economic uncertainty C) by producing cheaper products D) all of the above
In Figure 4-10 above, preferring the "easy money, tight fiscal" policy mix at a certain income is why we are at
A) point A rather than point C. B) point C rather than point A. C) point D rather than point B. D) point B rather than point D.
In Wall Street Jargon, a "Bear Market" typically means
A) stock prices have declined by at least 20%. B) stock prices have declined by at least 50%. C) stock prices have risen by at least 20%. D) stock prices have risen by at least 50%.