The ways to address agency costs include all EXCEPT
a. running background checks on prospective employees
b. requiring employees to punch time clocks
c. instituting longer work days
d. replacing closed offices with cubical office spaces
c
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If the economy in the graph shown is currently at point D, we can conclude the:
A. economy is in an economic boom.
B. government may want to enact contractionary fiscal policy.
C. unemployment rate is likely very low.
D. All of these are likely to be true.
Automatic stabilizers in the United States are: a. changes in government transfer payments and tax revenues that vary automatically and inversely to business cycle changes. b. controlled by the Federal Reserve System to help control the business cycle
c. able to completely eliminate all the lag problems associated with fiscal policy. d. none of the above.
If 
j, an unbiased estimator of 
j, is also a consistent estimator of 
j, then when the sample size tends to infinity:
A. the distribution of 
j collapses to a single value of zero.
B. the distribution of 
j diverges away from a single value of zero.
C. the distribution of 
j collapses to the single point 
j.
D. the distribution of 
j diverges away from 
j.
A merger between an automobile manufacturer and a maker of automobile tires is an example of a:
A. conglomerate merger. B. horizontal merger. C. vertical merger. D. tying contract.