Answer the following statements true (T) or false (F)
1) A newly appointed police officer can be terminated at any time during the Field Training Officer (FTO) process.
2) Patrol supervisors play a vital role in the Field Training Officer (FTO) program.
3) The performance appraisal formally documents unacceptable behavior and provides a record of the feedback to the officer.
4) Supervisors tend to be stricter when ratings are used for promotions as compared to when they are used for counseling and improvement.
5) When performance is used for promotions, police departments should use promotability ratings.
1. TRUE
2. TRUE
3. TRUE
4. FALSE
5. TRUE
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The mismanagement of financial liberalization in emerging market countries can be understood as a severe
A) principal/agent problem. B) asymmetric information problem. C) lemons problem. D) free-rider problem.
An employer-employee relationship is
a. a nonmarket relation b. a principal-agent relation c. a comparable worth relation d. a substitution relation e. a winner's curse
Between 1880 and 1896 the average level of prices in the U.S. economy
a. fell 23 percent. b. fell 4 percent. c. rose 23 percent. d. rose 50 percent.
If monopolistically competitive firms earn short-run economic profits, we expect to see
A. new firms trying to enter the industry, but unable to do so because of barriers to entry. B. existing firms altering their scale of plant to try to capture larger profits. The combined effect is to cause all firms to earn zero economic profits. C. existing firms increasing prices to try to capture larger economic profits. D. new firms enter the industry, which shifts the demand curves of the existing firms to the left until firms earn zero economic profits.