An incentive compensation scheme includes
a. a performance evaluation system
b. a disciplinary action committee
c. a reward system
d. A and C
d
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Bandile gives $100 to his favorite charity. According to economists, why did Bandile mostly likely do this?
a. from disregard for his own self-interests b. for entirely non-personal motives c. to selfishly use the charity as a tax deduction d. to have the satisfaction of helping others
An example of the new goods bias in the CPI is the
A) introduction of higher quality brakes as standard equipment on new cars. B) introduction of hybrid automobiles, vehicles that were not made until recently. C) decreasing popularity of SUVs as the price of gasoline has risen. D) switch from traditional car dealerships to low-cost Internet car buying services.
Which of the following is an example of a tax based on the benefits principle?
a. An income tax b. A lump-sum tax assessed on household in town to finance the construction of soccer fields c. A gasoline tax imposed by a city to be used to upgrade facilities local high school d. A toll road
?Random sampling complicates the analysis of cross-sectional data.
Answer the following statement true (T) or false (F)