Which of the following is FALSE about firms organized along functional lines?
a. Workers develop functional expertise
b. Workers can easily share information within their division
c. They foster the exploitation of economies of scale
d. None of the above
d
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Changes in rent on a plot of land are chiefly due to
A. changes in demand. B. changes in supply. C. changes in both demand and supply. D. changes in neither supply nor demand.
Which of the following statements about the employment at will doctrine is True
What will be an ideal response?
Automatic stabilizers are government programs that:
a. exaggerate the ups and downs in aggregate demand without legislative action. b. bring expenditures and revenues automatically into balance without legislative action. c. shift the budget toward a deficit when the economy slows but shift it toward a surplus during an expansion. d. increase tax collections automatically during a recession.
To qualify for a small business loan, one must have up to _________ of the required capital to put into the business.
a. one-tenth b. one-fifth c. one-quarter d. one-third e. one-half