Managers of profit centers are usually given a lot of discretion because

a. They always do an excellent job
b. The company can never judge their performance
c. The company has a clear performance evaluation metric
d. They rarely ever do a good job


c

Economics

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In the United States, over the past 50 years the total labor force participation rate

A) has increased. B) has decreased. C) has remained more or less constant. D) has fluctuated substantially. E) first decreased slightly and then increased significantly.

Economics

The longer the annuity on a sum of money the lower will be its present value

Indicate whether the statement is true or false

Economics

If a policy is Pareto optimal:

A. it will hurt no one. B. some of the losses will exceed the gains. C. it will hurt more than 50 percent of the population. D. it will hurt less than 50 percent of the population.

Economics

The above figure presents the view of the economy according to

A. Ricardian economics. B. Keynesian economics. C. microanalysis. D. classical economics.

Economics