Typical data collected for job analysis would include all but which of the following?
A. job performance criteria
B. relationships with subordinates
C. incumbent performance level
D. conflicting work demands
C. incumbent performance level
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The self-correcting property of the economy means that output gaps are eventually eliminated by:
A. increasing or decreasing potential output. B. government policy. C. decreasing inflation only. D. increasing or decreasing inflation.
The liquidity approach to measuring money stresses the role of money as a
A) temporary store of value. B) medium of exchange. C) unit of accounting. D) standard of deferred payment.
If an externality is created by a single person or firm, and affects only a single person or firm, then
a. it is referred to as a single externality b. the inefficiency caused by that externality may be resolved by those two parties c. the externality takes the form of a side payment d. Pareto efficiency is guaranteed e. fairness dictates that the externality be removed
The main problem with using groundwater to increase water supplies is that
a. Groundwater tends to be contaminated with pesticides b. Groundwater is normally found in countries that already have sufficient supplies c. Groundwater aquifers are being rapidly depleted d. Groundwater tends to be too salty e. Groundwater tends to be too expensive