To obtain real average hourly earnings, nominal average hourly earnings are multiplied by the CPI

Indicate whether the statement is true or false


FALSE

Economics

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Promoting from Within Like most fast food restaurants, Chipotle has a high rate of employee turnover. However, for Chipotle, this occurred not only at the entry-level, server jobs, but also at the shift supervisor, store manager, and area manager

levels. Why did their enactment of a policy of exclusively promoting from within the organization reduce their turnover problem in these supervisory roles?

Economics

If a person owns 2,000 shares in a corporation which has issued 200,000 shares of stock, that person owns ____ of the company and is entitled to ____ of the dividends

a. 1 percent; 1 percent b. 2 percent; 2 percent c. 10 percent; 10 percent d. 20 percent; 20 percent

Economics

Steps taken to clean the environment may lead to

A. overproduction. B. higher prices. C. higher incomes. D. higher profits.

Economics

The focus of firm decisions in the short run is primarily on

A. capital investment. B. variable inputs. C. plant size. D. economies of scale.

Economics