The authors argue that successful corporations assign decision rights in ways that
A. completely eliminate the potential for fraud.
B. effectively link decision-making authority with good information.
C. structure moneymaking tools for all employees.
D. rely on monitoring and evaluation for all creativity.
Answer: B
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If the price elasticity of demand is 4 and the price of migraine medicine increases by 6%, what will be the percentage change in quantity demanded?
a. 6% b. 4% c. 24% d. 67%
During 2001-2011, what happened to the federal budget deficit?
What will be an ideal response?
Which of the following situations can make the Fed’s monetary policy less effective?
a. Both political parties support the fiscal policy and monetary policy. b. The fiscal policy requires less money to implement than the monetary policy. c. The fiscal policy has more popular support than the monetary policy. d. The fiscal policy and monetary policy have different goals.
A decrease in aggregate demand and the subsequent cutbacks in production lead to:
A. frictional unemployment. B. cyclical unemployment. C. cost-push unemployment. D. structural unemployment.