A compensation structure that generates much higher pay rates for the top performers, while those whose productivity is only a little lower receive substantially less compensation, is called

a. competing differentials.
b. winner take all.
c. dueling executives.
d. tournament pay.


d. tournament pay.

Economics

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In the long-run ISLM model and with everything else held constant, as long as the level of output ________ the natural rate level, the price level will continue to ________, shifting the LM curve to the ________, until finally output is back at the

natural rate level. A) exceeds; rise; right B) exceeds; rise; left C) remains below; fall; left D) remains below; rise; right

Economics

The removal of a price ceiling in a market results in:

a. an increase in the market price. b. a shortage in the market. c. over-production of the commodity and a surplus. d. a fall in the market price. e. abnormal profits for producers.

Economics

Figure 11-2 ? Which graph in Figure 11-2 best reflects a Keynesian’s view of the impact of raising taxes on saving?

A. 1 B. 2 C. 3 D. 4

Economics

Suppose that Far North Canadian Lumber, Ltd., sells lumber in Canada at a price of $1,000 per 1,000 board feet and exports the same lumber to the United States at a price of $600 per 1,000 board feet. U.S. Lumber, Inc., produces and sells lumber for $700 per 1,000 board feet in the United States. What might Far North Canadian Lumber, Ltd., do to avoid the antidumping duty?

a. appeal to the U.S. International Trade Commission b. raise its price in the Canadian market c. raise its price in the U.S. market d. lower its price in the U.S. market

Economics