Profit-sharing plans, where employees receive bonuses in proportion to the company's profits,
a. reduce the principal-agent problem.
b. are intended to reduce the number of employees who are residual claimants.
c. eliminate shirking problems.
d. are essentially gifts to employees and do not generate any benefit for the firm's owners.
A
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Assuming that the value effect dominates, the current account will increase if
A) the real exchange rate decreases. B) the real exchange rate increases. C) disposable income increases. D) exports fall. E) domestic prices fall.
Which of the following assigns widely-followed bond ratings?
A) Standard & Poor's Corporation B) Securities and Exchange Commission C) Federal Reserve D) IBM
The natural real GDP will ________ following a rise in energy prices because
A) rise; labor productivity increases. B) fall; labor productivity increases. C) fall; real wages are flexible and employment is less attractive relative to leisure. D) B and C are both correct.
What are internal labor markets and what is an important characteristic of these markets?
What will be an ideal response?