Examples of incentive pay include
a. commission sales
b. providing onsite parking for employees
c. cleaning the worksite with weekly janitorial service
d. offering a certain number of sick days
a
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Which of the following are benefits created by the immigrants?
a. Increase in educational expenditures on public schools for their children b. Increase in the wages of unskilled laborers c. Reduction in costs for some firms d. Increased expenditures on health care for illegal immigrants at emergency clinics and hospitals e. Increase in the wages of skilled workers
To achieve long-run equilibrium in an economy with a recessionary gap, without the use of stabilization policy, the inflation rate must:
A. not change. B. increase. C. decrease. D. either increase or decrease depending on the relative shifts of AD and AS.
Which of the following statements is false?
A) Monetarists believe that the velocity of money is highly stable. B) Monetarists believe that the velocity of money is predictable. C) Monetarists believe that the economy will settle into long-run equilibrium at less than full employment output. D) Monetarists believe that output can be at less than full employment output in the short run.
Refer to the information provided in Figure 28.6 below to answer the question(s) that follow.
Figure 28.6Refer to Figure 28.6. If unemployment is on the x-axis, which panel represents the long-run Phillips curve?
A. A B. B C. C D. D