A nation's currency consists of its
a. coins and Eurodollars
b. paper money and checks
c. coins and paper money
d. paper money and Eurodollars
e. coins and checks
C
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The components of a well-run incentive compensation scheme include all of the following EXCEPT
a. evaluating the identified performance measures b. avoiding rewards for outcomes that are not included in the performance measures c. demonstrating that evaluators can be influenced with small favors d. identifying the relevant measures on which to evaluate employees
One explanation for the downward slope of the aggregate demand curve is that when the price level increase, which of the following will decrease?
A) Real value of assets B) Price of foreign goods C) Prices of substitute goods D) Expectations of future prices E) Government deficits
A completely successful emission charge would
A. Not shift either the private or social MC curve. B. Shift the private MC curve to the same position as the social MC curve. C. Shift the social MC curve to the same position as the private MC curve. D. Shift the private MC curve until the curve intersects with price at zero output and pollution is completely eliminated.
Which of the following statements is NOT true about Say's law?
A) Markets would be regularly hit by severe shortages and surpluses. B) People produce more goods than they want for their own use only if they seek to trade them for other goods. C) Desired expenditures will equal actual expenditures. D) Surpluses will be eliminated by falling prices and shortages will be eliminated by increasing prices.