Noncontrollable expenditures are called "noncontrollable" because
A. they change without congressional action.
B. only the president can approve these entitlement payments.
C. the political process determines the size of the payments.
D. they increase at the same rate as the public debt.
Answer: A
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Deciding if a company will produce automobiles by robotics or manual labor answers the economic question of:
A. "who consumes the products produced?" B. "what products will be produced?" C. "where will the products be consumed?" D. "how will the products be produced?"
If a manager believes there are too many pay levels and would like to reduce the number of pay levels from 30 to 20 by combining multiple pay levels, it will engage in _______.
A) team sharing B) piecework C) profit sharing D) broadbanding
Which of the following might be a method that the government could use to promote the production of a good that generates positive externalities?
A) subsidies B) regulations C) financing additional production D) All of the above are correct.
Which of the following is the most liquid asset?
A) season tickets to the Yankees' games B) the cash that your Aunt Ursula stuffs in her mattress C) a $5,000 6-month certificate of deposit (time deposit) D) one hundred shares of IBM stock