In the insider-outsider theory:
A. insiders are workers who retain employment during recession.
B. insiders are managers who have more information about their firm's performance than
outsiders.
C. insiders are "principals" and outsiders are "agents"
D. outsiders are foreigners.
A. insiders are workers who retain employment during recession.
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Assume a closed economy, that taxes are fixed, and the marginal propensity to consume is equal to 0.8. What is the government spending multiplier?
A) 10 B) 5 C) 4 D) 3
A rational criminal model assumes
A. smart people commit crime. B. criminals commit crimes because they have more legal opportunities. C. criminals will commit fewer crimes if the likelihood of getting caught rises. D. criminals will commit more crimes if the severity of punishment rises.
"If Ivan says he is indifferent between the consumption of a new pair of jeans or a set of earrings, he means that he does not want either product." Is the previous analysis CORRECT? Explain your answer
What will be an ideal response?
The chairman of the United States Federal Reserve Board said in a television interview that he was optimistic about the economy, and stock markets rose worldwide the next day. This is an example of:
A. Legitimate power. B. Coercive power. C. Referent power. D. Expert power