The ways to address agency costs include all EXCEPT
a. advertising for employee positions in as many outlets as possible
b. requiring employees to punch time clocks
c. spot checks of the quality of employee work
d. replacing closed offices with cubical office spaces
d
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The United States has never had deflation
a. True b. False Indicate whether the statement is true or false
Using Figure 1 above, if the aggregate demand curve shifts from AD3 to AD2 the result in the long run would be:
A. P1 and Y2. B. P2 and Y1. C. P3 and Y1. D. P3 and Y2.
The yardstick most often used to compare living standards is:
a. aggregate demand b. Gross National Product c. output per capital d. international investment
The set of skills, knowledge, experience, and talent that determine the productivity of workers is called:
A. human capital. B. physical capital. C. worker per capita. D. capital per worker.