To determine who would be the best person work on a market analytics project to facilitate a company-wide re-branding initiative, Lauren secretly timed and recorded how long it took three of her staff to complete a mini-analytics project before deciding to whom she would assign the project. What tool was Lauren using?

a. She was using the record-time-test tool.
b. She was using the work assignment tool.
c. She was using the efficiency study.
d. She was using the time-and-motion-study.


Ans: d. She was using the time-and-motion-study.

Economics

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Unequal outcomes are inherently unfair

Indicate whether the statement is true or false

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Refer to the figure below, expenditures as a percent of GDP fell dramatically in the 1980s.



A. True
B. False
C. Uncertain

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Binding price ceilings benefit consumers because they allow consumers to buy all the goods they demand at a lower price

a. True b. False Indicate whether the statement is true or false

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Which of the following is an example of labor-market discrimination? You may assume that worker A and worker B have identical characteristics except for the ones listed. A firm offers a higher salary to worker A than worker B because worker A

a. has more experience. b. is willing to travel two weeks out of each month, whereas worker B will not travel more than three nights a month. c. has a special certification that directly relates to her job, whereas worker B does not. d. is a young blonde woman, whereas worker B is an older, gray-haired man.

Economics