Which of the following shows how decreasing staff could improve outcomes in the short run?
a. Every time Edie wanted to try something on at Irina’s clothing store there was no fitting room attendant to assist her.
b. The service at Morton’s coffee shop was impeccable—as one person took an order and rang it up, another filled it.
c. Dani sometimes shopped at Paige’s book store, but sometimes she chose to place an order on the store’s website.
d. Abby walked out of Davidson’s because different salespeople kept waiting near her and interrupting her as she browsed.
d. Abby walked out of Davidson’s because different salespeople kept waiting near her and interrupting her as she browsed.
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Name two actions a government could take if it wants to implement a contractionary fiscal policy
What will be an ideal response?
Under fixed exchange rates, which one of the following statements is the MOST accurate?
A) Devaluation causes a rise in output. B) Devaluation causes a decrease in output. C) Devaluation has no effect on output. D) Devaluation causes a rise in output and a decrease in official reserves. E) Devaluation causes a decrease in output and in official reserves.
The two ways to define poverty are which of the following?
A. Relatively and absolutely B. Absolutely and definitely C. Definitely and conceptually D. Definitely and receptively
Under rate-of-return regulation, natural monopolies must use
A) marginal cost pricing. B) average cost pricing. C) efficient pricing. D) monopoly pricing.