Which is a possible solution to a divisional conflict regarding a decision?
a. change the division that has the authority to make the decision
b. change the information flow so that the decision maker is better informed
c. change the evaluation and reward scheme governing the decision maker
d. all of the above
d
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Why is the demand curve the same as the marginal benefit curve?
What will be an ideal response?
Phillip owns some stocks of a pharmaceutical company. Of late, he is anticipating that the company will become bankrupt. He decides to find out more about the company's financial condition before selling the stocks
However, he tends to read only the blogs of investors who are expecting the company to become bankrupt. He soon makes up his mind and sells the stock just before its price reaches an all-time high. Phillips's behavior is an example of a(n) ________ bias. A) confirmation B) attentional C) attenuation D) distinction
The switch to flexible exchange rates in 1973 has made the effect of monetary policy on net exports a ________ important component of the monetary policy multiplier process, and thus has ________ the effectiveness lag
A) more, lengthened B) more, shortened C) less, lengthened D) less, shortened
Scarcity affects
A) only rich people. B) only poor people. C) only middle income people. D) all people.