Which of the following is NOT characteristic of management by walking around?
a. large, secluded management offices
b. employees comfortable with approaching management
c. high levels of contact between management and employees
d. increased productivity and morale
Ans: a. large, secluded management offices
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A low P/E ratio of a stock means that the company issuing the stock is heading to trouble in the near future
a. True b. False Indicate whether the statement is true or false
Suppose lower expectations lead to a decrease of $240 in desired investment in the economy and the marginal propensity to consume is 0.75.Table 10.2Spending CyclesChange in this Cycle's Spending and IncomeCumulative Decrease in Spending and IncomeFirst-cycle spending-$240-$240Second-cycle spending________________Third-cycle spending________________In Table 10.2, what will be the total decrease in aggregate demand resulting from the initial $240 decrease in investment expenditure after an infinite number of cycles?
A. -$240.00. B. -$960.00. C. -$135.00. D. -$555.00.
Average labor productivity is computed as the
A) ratio of industrial production to the employment rate. B) ratio of real output in manufacturing to the level of real GDP. C) ratio of real GDP to the unemployment rate. D) ratio of real GDP to the level of employment.
The demand for gasoline will respond more to a change in price over a period of five weeks than over a period of five years
a. True b. False Indicate whether the statement is true or false