Decision control is made up of
A. initiation and ratification of projects.
B. ratification and monitoring of projects.
C. implementation and monitoring of projects.
D. initiation and implementation of projects.
Answer: B
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If average labor productivity in two countries is the same, average living standards will be higher in the country with:
A. the lower share of population employed. B. the smaller population. C. the higher share of population employed D. the larger population.
The Fed has recently paid interest on the required and excess reserves that banks hold
Indicate whether the statement is true or false
Explain why checks on principals might be necessary
What will be an ideal response?
A pharmaceutical company faces a price regulation where it cannot charge any higher than $5,000 for a lifesaving drug. The company knows that the patients put a high value on this product and are willing to pay up to $10,000 for it. The company decides to sell the drug together with periodic blood testing for $10,000 . This is an example of
a. Tying b. Bundling c. Fraud, the company is not allowed to sell for any higher than the regulatory pric d. Both A&B