In the ordered pair (3, 6), 3 is the
a. x-coordinate.
b. y-coordinate.
c. origin.
d. slope.
a
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The ways to address agency costs include all EXCEPT
a. running background checks on prospective employees b. requiring employees to punch time clocks c. spot checks of the quality of employee's work d. providing better coffee machines in the lunch room
What is unique about Chinese industrial revolution?
a. It is led by foreign workers b. It is led by international investment c. It is led by rural people through rural industrialization d. It is led by reform leaders. e. none of the above
What is the principal reason that economists give for the existence of deflationary and inflationary gaps?
A. Wages are flexible in the short run. B. Wages are flexible in the long run. C. Wages are fixed in the long run. D. Wages are fixed in the short run.
Which of the following would not be included in the calculation of GDP?
A. Income earned by a CPA. B. Tips earned by a bartender who does not report them to the IRS. C. Contract work performed by an electrician. D. Income earned by an attorney.