When shirking at the workplace occurs, increased monitoring of workers is the only effective way to reduce this behavior
Indicate whether the statement is true or false
False. There are other means of reducing shirking, such as an efficiency wage, bonding workers, or screening applicants.
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________ are one source of involuntary unemployment during recessions
A) Downwardly rigid wages B) Lower corporate tax rates C) Flexible wages D) Higher income tax rates
According to published data pertaining to unemployment rates in selected European countries, the natural rate of unemployment
a. has been rising over the past three decades. b. declined sharply over the last three decades. c. has been lower than in the U.S. in the 1990s. d. has not changed much over the past three decades. e. Both a and c
U.S. exports of services were equal to about ____________ of U.S. exports of goods in 2014, compared to ________ in 1980.
a. one-half; one-fourth B. one-half; one-third c. one-half; one-fifth d. one-half; one-eighth
Economic analysis indicates that
A) no matter what our objectives in life, they are easier to achieve if we have more wealth. B) the desire for more wealth is limited to those who are interested only in their personal welfare. C) wealthy people are happier than those with lots of friends, satisfying marriages, and strong religious convictions. D) single-minded pursuit of money and wealth is the key to happiness.