All of the following can cause conflict between divisions EXCEPT
a. Coordination between divisions does not benefit all divisions equally
b. managers of profit centers care too little about the effects of their decisions on other divisions
c. corporate executives reward managers based on firm profitability instead of divisional profitability
d. corporate executives cannot tell when one divisional manager's decisions are appropriate or not
c
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Suppose a tax on buyers has been imposed in the graph shown. Once the tax is in place, the sellers experience:
A. a decrease in supply.
B. an increase in supply.
C. a decrease in quantity supplied.
D. an increase in quantity supplied.
Suppose your nominal income this year is 5 percent higher than last year. If the inflation rate for the period was 3 percent, then your real income was:
A. increased by 1.67 percent. B. increased by 2 percent. C. increased by 8 percent. D. decreased by 0.6 percent.
The free-trade agreement signed by Canada, Mexico, and the United States in 1992 is known as
A. NAFTA. B. DOHA. C. GATT. D. WTO.
The use of monetary policy to shift aggregate demand to the right in a severe recession is like:
A. Pushing on a string B. Putting all eggs in one basket C. Pulling on one's purse-strings D. Pushing the envelope