According to the ________ definition of organizations, an organization is seen as a means by which capital and labor are transformed by the organization into outputs to the environment.

A) microeconomic
B) macroeconomic
C) sociotechnical
D) behavioral
E) psychological


microeconomic

Economics

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Use the following diagram to answer the next question. The diagram illustrates the pattern of

A. wage movements over time. B. business cycles. C. price level movements. D. economic growth patterns.

Economics

Discuss why a budget deficit results in a different real interest rate under the Ricardo-Barro effect than under the crowding-out effect

What will be an ideal response?

Economics

In Egypt, in 1970, the Aswan Dam was completed. By preventing the annual flood of the Nile (thereby providing millions of acres of arable land) and by providing electricity, the dam was expected to raise the living standard of the Egyptian people—and it has. However, it has also led to a rise in the water table, which causes Egypt’s limestone structures, including the pyramids, to absorb more salt water and to suffer serious erosion from crystallized salts. Combined with air pollution and traffic vibration, this erosion is turning the pyramids to dust. Economists analyze this type of problem with the concept of

A. an externality. B. the antiquity problem. C. a free-rider problem. D. the public good problem. E. the trade-off between equity and output.

Economics

Cradle-to-grave security is most common in ___________ countries.

A. Capitalist B. Communist C. Socialist D. Fascist

Economics