What is the principal difference between a U-form and an M-form organization?
A U-form organization has a centralized decision making process, while an M-form has a more decentralized system. The M-form keeps many decisions at the divisional level that would be sent to headquarters in a U-form firm.
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The wage earned by a domestic resident for working in a foreign company for a month is an example of a(n) ________
A) factor payment from foreigners B) transfer payment from foreigners C) export by the domestic resident D) import by the domestic resident
Which statement is true?
A. America has always had a very productive agricultural sector. B. The most influential factor in the United States' economic development during the 19th century was a great abundance of labor. C. The central problem of economics is an oversupply of capital. D. None of the statements are true.
Changes in real planned investment spending have
A. a direct relationship to changes in the level of household savings. B. an inverse relationship to changes in the interest rate. C. no identifiable relationship to changes in the interest rate. D. a direct relationship to changes in interest rates.
Which of the following statements about the Earned Income Tax Credit Program (EITC) program is FALSE?
A) On net the EITC discourages work by low- or moderate- income earners more than it rewards work. B) It provides rebates of Social Security taxes to low-income workers. C) Recipients who receive benefit payments under Social Security are also eligible for SSI. D) It is the largest poverty reduction program in the U.S..