Which of the following is an assumption held by the labor supply model about the behavior of potential employees?
A. The number of job seekers is low.
B. Job seekers do not face barriers to mobility.
C. Job seekers often lie on their résumés.
D. Job seekers are unaware of job openings.
Answer: B
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Which of the following suggests that what is ethical in one culture is not necessarily ethical in another culture?
A) protectionism B) nationalization C) ethnocentrism D) ethical relativism E) locavorism
Filled needs are more motivational than are unfilled needs
Indicate whether the statement is true or false.
BluTech uses a sequential selection strategy in which the applicants take a series of tests. Only the applicants with the highest scores on a test go on to the next stage. BluTech uses a multiple hurdle selection decision model.
Answer the following statement true (T) or false (F)
Chestelle Corporation, a sports equipment manufacturing company, borrows a considerable sum of money as loan from GRJ Bank, a private bank, at a time of financial crisis. The corporation has four years to repay the principal amount along with the interest to the bank. In this scenario, the money that Chestelle Corporation owes the bank represents its _____.
A. long-term liability B. accumulated depreciation C. owners' equity D. bequest value