Which purpose of the performance appraisal identifies deficiencies or problems with officers' performance, especially those officers who recently graduated from the police academy?
A) FTO evaluation
B) training
C) recruitment and selection
D) horizontal job changes
B) training
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Which of the following should not be counted in a cost-benefit analysis?
a. direct benefits and costs b. real secondary benefits c. technological secondary costs d. pecuniary benefits e. intangibles
A firm's demand for labor is known as a "derived demand" because
a. the firm gains utility from hiring more labor. b. the amount of labor hired depends upon how much output the firm can sell. c. the wage rate paid to workers is derived from the market for labor. d. it is derived from the demand for capital.
Suppose the age-wage profile of immigrants has been increasing over time. That is, the age-wage profile of immigrants in the 1990s is higher than the age-wage profile of immigrants in the 1980s, which is in turn higher than the wage-age profile of immigrants in the 1970s. In this case, if one uses cohort analysis to estimate the age-wage profile of immigrants, which of the following is possible to find?
A. a negatively skewed wage distribution B. negatively selected immigration C. a negative return to moving costs D. a positively skewed wage distribution E. a horizontal age-wage profile
Use the following information to answer the next several questions:Scenario 1: Imagine that an economy produces two goods, flashlights and fishing lures. In 2015, the economy produced 70 flashlights and 40 fishing lures, and the prices of flashlights and fishing lures were $5 and $12, respectively. In 2016, the economy produced 85 flashlights and 50 fishing lures, and the prices of flashlights and fishing lures were $7 and $15, respectively. Based on the information in Scenario 1, nominal GDP in 2015 in this economy was:
A. $830. B. $1,025. C. $1,090. D. $1,345.