Besides retirement pension issues, ERISA focuses some attention on
A. Ponzi schemes.
B. Social Security.
C. ensuring employers adequately fund their retiree health care plans (when they have them).
D. ensuring employers adequately fund their payroll taxes.
Answer: C
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According to an article the Wall Street Journal, "The big car makers are pushing a wide
array of new technology into production, responding to relentless competitive pressure, rising energy prices and consumer demand for better safety. Source: Joseph B. White, "Ford, GM Eye Shift in Buying Habits," Wall Street Journal, May 22, 2006. Which of Porter's competitive forces does this statement allude to? A) competition from foreign auto manufacturers B) competition from substitute products from outside the industry C) competition from existing firms within the industry D) the threat of competition from new entrants
A set of ideas about the economy that have been organized in a logical framework is called
A) empirical analysis. B) a methodology. C) economic theory. D) data development.
Specialization can occur because
A) governments pass laws that require it. B) varying skills differentiate workers. C) absolute advantage creates specialization among laborers. D) managers and laborers share job tasks.
Which of the following would be most likely to cause the short-run aggregate supply curve to shift left?
A) A reduction in oil prices due to increased drilling. B) A decrease in investor confidence. C) A rise in government spending. D) A spike in food prices due to a drought.