According to government procedures of the job analysis process, the first interview should be conducted with the _____.
A. incumbent's supervisor
B. incumbent
C. HR manager
D. incumbent's co-workers
A. incumbent's supervisor
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What is the total demand for goods and services in an entire economy called?
A) supply and demand B) GDP demand C) aggregate demand D) consumer demand
Theory is to data as
A) economics is to the price of iPads. B) economics is to art. C) economics is to sociology. D) accounting is to economics.
Consider a graph illustrating the upward sloping supply curve for coffee. What would you expect to happen if the government decided to levy a 75-cents per gallon subsidy on coffee?
a. There would be a movement up along the supply curve. b. There would be a movement down along the supply curve. c. The supply curve would shift to the left. d. The supply curve would shift to the right. e. None of the above.
Refer to the above figure. Assume that B is the current long-run aggregate supply (LRAS) curve and E is the current short-run aggregate supply (SRAS) curve. If a 90-day embargo of oil from the Middle East to the United States were announced, and if after that 90-day period oil prices were expected to return to normal pre-embargo prices, then you would expect
A. the LRAS and the SRAS to remain at B and E, respectively. B. the LRAS to shift to C, and the SRAS to shift to F. C. the LRAS to remain at B, but the SRAS to shift to F. D. the LRAS to remain at B, but the SRAS to shift to D.