A payday loan company has decided to open several new locations in the city. To decide where to open these locations it hires consultants and pays them per store opened. At the end of the quarter, the company notices a many of the new stores' sales volume fail to meet expectations. This is because
a. The consultants are paid per store and not just profitable store locations
b. The consultants are paid per store and hence choose the best locations
c. The consultants would always choose the best locations
d. None of the above
a
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If unemployment is at the natural rate, then there
A) is no cyclical unemployment. B) is no frictional unemployment. C) will be cyclical and frictional unemployment but not structural unemployment. D) will be only cyclical unemployment.
In which governance form do shareholders own the company?
A) public sector B) state-owned enterprise C) corporation D) non-profit
The tax burden for a good falls largely on _____
a. the producers who have a perfectly elastic supply of the good b. the consumers who have a less elastic demand for the good c. the consumers who have a perfectly elastic demand for the good d. the producers who have an unit elastic supply of the good
Capital flight shifts the demand for loanable funds to the left
a. True b. False Indicate whether the statement is true or false