If a firm manager has a base salary of $100,000 and also receives 5 percent of all profits, what percentage of his/her final income will be from a profit-sharing plan when profit equals $1,500,000?
A. 51 percent
B. 48 percent
C. 27 percent
D. 43 percent
Answer: D
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Devastating damage resulting from a major earthquake and tsunami will most likely
A) initially move a country to a time path beneath its balanced growth path. B) move a country to a lower point on its balanced growth path. C) shift the balanced growth path for a country to a new, lower level. D) have little to no impact on the short-term growth rate in a country.
The two channels through which monetary policy can influence behavior in the goods market are
A. government spending and consumption. B. taxation and investment. C. investment and government spending. D. investment and consumption.
Refer to Table 3.2, which shows some costs and benefits of having your car repaired. Suppose you use your car to deliver pizzas. If you earn $10 per hour delivering pizzas, what is your best choice of hours to spend on car repairs?
A. 2
B. 3
C. 4
D. 5
One of the considerations when relying exclusively on cost-effectiveness analysis (CEA) to determine whether a category of people receives an expensive, potentially life-saving, intervention is:
a. CEA studies are considered the gold standard as far as evaluation studies are concerned. b. CEA ignores the possibility that certain unidentified individuals in a group may have a greater than normal positive response to the treatment. c. CEA determines the efficient threshold above which treatments are unnecessarily expensive. d. CEA studies are subjective and rely on the judgment of clinicians and researchers. e. CEA studies take a long time to conduct and are expensive to evaluate.