By making managerial compensation depend on the performance of the firm's profits, the firm owner's profits:
A. remain constant.
B. fall.
C. initially fall, then rise.
D. rise.
Answer: D
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Adam Smith believed that markets coordinated the self-interests of consumers.
Answer the following statement true (T) or false (F)
In the bond market, the bond demanders are the ________ and the bond suppliers are the ________
A) lenders; borrowers B) lenders; advancers C) borrowers; lenders D) borrowers; advancers
Among female workers over age 25, about what percent has a college degree? What is this percentage for black female workers over age 25?
A negative income tax works by
A. giving money to everyone in the U.S. B. not taxing people who make negative income. C. taxing people until they have a negative income. D. giving people below a certain income level a lump sum and then taxing further income.