In recessions, the long-term expected real interest rate usually
A. rises.
B. declines.
C. stays unchanged.
D. rises early in the recession; declines later in the recession.
Answer: B
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As a product promoter, Emilia receives a commission on every sale made as a result of her presentations. However, part of her job also is to keep the area around her display neat and to return the items she promotes to their correct locations following demonstrations. Since Emilia does not get a bonus for cleaning up, she leaves her area messy and does not put away items following demonstrations. Which disadvantage of individual incentives does this illustrate?
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