To motivate line employees and keep them interested in their work, supervisors may institute any of the following BUT
a. job specialization
b. job rotation
c. mentoring
d. four day work weeks
Ans: a. job specialization
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How are goods and services produced in the global economy?
A. Developing countries use less human capital but just as much physical capital as advanced economies. B. Emerging economies use more capital-intensive technology than do developing economies. C. Human capital in all economies is similar. D. Advanced economies use less capital than developing economies.
Adverse selection occurs when an agreement encourages undesirable behavior
Indicate whether the statement is true or false
Government spending is an injection in the sense that it
a. increases the amount of total spending. b. increases the size of the federal deficit. c. decreases the amount of household saving. d. decreases the amount of taxes paid.
Assume that the economy is currently in short-run equilibrium, then personal income taxes decline. Describe the correct sequence of events that happen as the economy adjusts to a new short-run equilibrium (be sure to state what the impact would be on the price level and Real GDP)